中国医药股因关税担忧走弱 - 似乎反应过度-Pharma Stock Weakness on Tariff Concerns - Seems Overdone

August 7, 2025 05:10 AM GMT China Healthcare | Asia Pacific Pharma Stock Weakness on Tariff Concerns - Seems Overdone Key Takeaways What happened: The US said it will impose a tariff of ~100% on semiconductor chips imported into the country (note). The market has viewed this as a negative readacross for the upcoming pharma tariff announcement. Our read: We continue to see relatively low likelihood of tariffs on out-licensing (BD) deal payments. To date, the US tariffs have been directed at tangible goods wi ...