“Trump administration sets up to 100% tariffs on some imported drugs, with many companies exempt”
April 12, 2026
“The Trump administration imposed new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices.
Patented medications and their active ingredients would be hit with a 100% tariff, but there are pathways for drugmakers to reduce or avoid the levies, a senior administration official said.
The plan would represent another shift in Trump’s aggressive trade strategy, more than a month after the Supreme Court struck down the global levies he imposed in 2025, which excluded the pharmaceutical industry.
The administration, in a separate action, changed how tariffs are calculated on imported raw materials made from steel, aluminum, and copper, and on imported products containing such metals…”
https://www.cnbc.com/2026/04/02/trump-pharmaceutical-tariffs-100percent.html