Trump’s Tariffs Will Lead To ‘Instability’ And ‘Less Investment’ In UK

While the pharma industry appears to be exempt from US tariffs imposed by President Trump, a member of the UK House of Lords says the details are unknown and warned that uncertainty “leads to less investment” in business as a whole.

Lord Richard Harrington at the ABPI annual conference (Norstella)

The US president Donald Trump announced a sweeping tariff plan on 2 April, targeting almost all goods and US trading partners across the globe. However, it appears that pharmaceuticals are one of the few products exempt from these tariffs.

Richard Harrington, a former member of the UK parliament and current member of the House of Lords, said during a 3 April industry conference that “the truth is, nobody knows...

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