President Donald Trump announced that the new pharmaceutical tariffs will take effect Oct. 1 in a Sept. 25 Truth Social post.

Trump to Impose Tariffs Oct. 1 on Drugmakers Not Scaling Up U.S. Manufacturing

September 30, 2025 Shannon Young, Associate Editor/Senior Writer 340B Report Views

Drugmakers that are not building a pharmaceutical manufacturing plant in the U.S. will soon face “a 100% tariff on any [...]

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