President Trump on Thursday announced a slew of product-specific tariffs set to take effect on Oct. 1, including duties on any pharmaceuticals whose manufacturers don’t have plants in the U.S.
The tariffs, which are on top of sweeping reciprocal duties Trump has imposed on countries worldwide, are likely to spur criticism, particularly when it comes to pharmaceutical imports. Experts have raised concerns that those tariffs could cause supply chai…
Trump announces tariffs on pharmaceuticals, furniture and heavy trucks beginning Oct. 1
September 26, 2025