Measure will be implemented gradually for 18 months and seeks to bring pharmaceutical production to US territory
The president of the United States, (Republican Party), said he plans to impose on imported drugs of up to 250%. The statement was given on Tuesday (5.ago.2025), during an interview with the program “Squawk Box”, and CNBC. This percentage represents the highest rate already mentioned by so far.
Trump detailed that the implementation of the will be gradually. According to him, initially a “Little fare” on imported pharmaceutical products, which will then increase to 150% and, later, to 250% in a period of, “No maximum”18 months.
The measure is part of the efforts to stimulate the transfer of drug production to the, in response to the reduction of domestic manufacturing of pharmaceutical products in recent decades. “We want pharmaceutical products to be manufactured in our country”said the Republican.
In early July, the US President mentioned the possibility of imposing 200% tariffs on imported medicines. On Thursday. The goal is that the value does not exceed the lowest price offered to other developed nations.
The pharmaceutical industry states that drug policy affects its financial results and the ability to invest in research.
Has a history of announcing and then reconsidering tariff proposals, which means that there is no guarantee that it will effectively implement drug rates.
