Trump expected to impose new tariff on pharmaceutical drugs
President Trump appears poised to impose new tariffs on certain drug companies.
That’s according to a draft of his order, and a source familiar with the matter.
The duties are aimed at companies that have don’t “most favored nation” pricing deals with the U.S.
The draft suggests they could be 100%, and apply to patented drugs and active ingredients.
It’s unclear what medications might get exemptions.