Trump to Put Tariffs on Pharmaceuticals in ‘Next Week or So’

[mystery-ak]

Trump to Put Tariffs on Pharmaceuticals in ‘Next Week or So’

Nick Gilbertson 5 Aug 2025

President Donald Trump revealed Tuesday he plans to put tariffs on pharmaceutical products, which will start at a lower duty but rise to 150 percent and 250 percent 12 to 18 months from now.

The effort aims to bring pharmaceutical production into the United States, Trump said during an interview with CNBC’s Squawk Box.

https://twitter.com/RapidResponse47/status/1952708394948653191

After noting the United States has a $41 billion trade deficit with Switzerland, CNBC’s Becky Quick said, “pharmaceuticals are a big issue with Switzerland.”

“They make a fortune with pharmaceuticals, and they make our pharmaceuticals in China, and Ireland, and everything else,” Trump responded, before noting tariffs were coming in “the next week or so.”

“We’ll be putting a initially small tariff on pharmaceuticals, but in one year, one and a half years maximum, it’s going to go to 150 percent and then it’s going to go to 250 percent because we want pharmaceuticals made in our country,” he went on to say.

more
https://www.breitbart.com/politics/2025/08/05/trump-to-put-tariffs-on-pharmaceuticals-in-next-week-or-so/

[cato potatoe]

So pharmaceuticals are going to be more expensive.

[GtHawk]

So pharmaceuticals are going to be more expensive.

But hey, you’re gonna hit that copay faster.

[Weird Tolkienish Figure]

So pharmaceuticals are going to be more expensive.

Yup, and everyone that bitches about it the Democrats now have an easy headline to point to.

[DefiantMassRINO]

Tarrifs, alone, will not lead to increased manufacturing in America.  That  requires a favorable regulatory and tax regime.

Step #1 - reduce the cost of energy by fast tracking energy infrastructure investments.
Step #2 - end the wars on CO₂ and methane.