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Why Europe's pharma giants could be insulated from Trump's 100% drug tariffs
Youtube· 2025-09-26 06:39
Pharma, biotech, and healthc care stocks across Asia are in red this morning. This is after President Trump announced fresh tariffs on branded or patented drugs entering the United States. A duty of 100% will be imposed on those pharma imports starting on October the 1st.The US leader said an exemption will be granted if companies are building drug manufacturing plants in the country, which includes companies that have already broken ground on projects. Trump also unveiled a 25% levy on heavy truck imports ...