Pharma Still Nervous While Riding Trump’s Tariff Rollercoaster

The rollout of Trump’s plan has been a policy whiplash, but despite a 90-day pause on tariffs, the US president still appears to be holding a grudge with industry over drug pricing.

Tariffs on drug imports still may be coming, despite the 90-day pause announced 9 April. (Shutterstock)
Key Takeaways
  • Tariffs on US drug imports still could be coming, but President Trump’s decision to pause tariffs with most global trade partners for 90 days suggests they will not be immediate.
  • Uncertainty about pharma's position in the tariff debate remains.
  • Trump continued to rail against US drug prices versus other countries, but a different issue could carry its own policy concerns for pharma.

The pharma industry has more to worry about from the Trump Administration despite the 9 April announcement of a 90-day pause for most tariffs except those in China and a...

The tariff saga has unfolded like a classic Trump presidency moment with initial chaos and disruption bumping against market realities and plateauing into a mix of relief and prolonged uncertainty....

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