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U.S. President Donald Trump gestures as he takes questions from the press after signing an executive order on a deal that would divest TikTok's U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., September 25, 2025. REUTERS/Kevin Lamarque
U.S. President Donald Trump gestures as he takes questions from the press after signing an executive order on a deal that would divest TikTok's U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., September 25, 2025. REUTERS/Kevin Lamarque
Home » News » National News » Trump announces 100% tariff on imports of branded or patented pharmaceuticals from October 1
National News

Trump announces 100% tariff on imports of branded or patented pharmaceuticals from October 1

by Reuters

WASHINGTON (Reuters) -The United States will impose a 100% tariff on imports of branded or patented pharmaceutical products from October 1, unless a pharmaceutical company is building a manufacturing plant in the U.S., President Donald Trump said on Thursday.

“There will, therefore, be no Tariff on these pharmaceutical products if construction has started,” Trump said on Truth Social.

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(Reporting by Jasper Ward and Ismail Shakil; Editing by Caitlin Webber)

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Reuters
Information you can trust. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. (c) 2025 Thomson Reuters

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