Washington DC: US President Donald Trump on Thursday (local time) announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs. These tariffs will come into force from October 1. Trump made the announcement regarding this on his Truth Social account.

“Starting October 1, 2025, we will be imposing a 100 per cent Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America," the US President said.

Notably, there will be no tariffs on Pharma products manufactured in the US. "IS BUILDING will be defined as, "breaking ground" and/or "under construction." There will be no Tariff on these Pharmaceutical Products if construction has started. Thank you for your attention to this matte

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