BREAKING: Trump imposes 100% tariffs on pharmaceutical companies, who will pay the maximum penalty for not agreeing to lower their prices in the US. They have the option to avoid these tariffs by relocating production to the US before 2029.

The administration adjusted the tariff calculation for raw materials such as steel, aluminum, and copper to prevent evasion.
Patented drugs and their active ingredients face a 100% tariff, but companies can reduce these costs by moving their production to the US, starting with a 20% tariff that will increase to 100% over four years.