A 100% tariff on some imported drugs is coming October 1, Trump says (www.cnn.com)

submitted 2 weeks ago by MicroWave@lemmy.world to c/health@lemmy.world

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Donald Trump announced Thursday that brand-name or patented pharmaceutical products will be subject to a 100% tariff starting October 1 – unless the drugmaker is building a manufacturing plant in the US.

Trump has been promising for months to levy tariffs on pharmaceutical imports, which avoided tariffs during his first term. The president sees tariffs as a way to pressure drug manufacturers to ramp up production in the US and to strengthen the supply chain for essential medicines.

Also, Trump has pointed to tariffs as a way to fulfill his vow to lower drug costs, though experts say that is unlikely to happen.

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[-] spaghettiwestern@sh.itjust.works 9 points 2 weeks ago* (last edited 2 weeks ago)

Who needs Death Panels when we've got Trump and the GQP?

[-] Formfiller@lemmy.world 3 points 2 weeks ago

Insurance companies have always been death panels

[-] AmbiguousProps@lemmy.today 3 points 2 weeks ago

How would increasing tarrifs on "foreign" drugs possibly reduce costs locally?

You know what did lower drug prices? When the government negotiated with drug companies directly for Medicare.

[-] Treczoks@lemmy.world 3 points 2 weeks ago

How does he expect to attract any foreign companies to set up shop in the US after the Hyundai event?

this post was submitted on 26 Sep 2025

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