Donald Trump Threatens 200% Tariff On Pharmaceutical Imports ‘Very Soon'
Donald Trump threatened 200% tariffs on imported pharmaceuticals while US Commerce Secretary Lutnick said final decision is imminent.
US President Donald Trump threatened to impose tariffs of up to 200% on pharmaceuticals imported into the United States, signaling his administration's most aggressive move yet to shift drug manufacturing back to American soil.
'They're going to be tariffs at a very high rate, like 200%," Donald Trump said during a Cabinet meeting, adding, 'We'll give them a certain period of time to get their act together- about a year, year and a half."
Donald Trump Puts 50% tariff On Copper Imports
Donald Trump announced a sweeping 50% tariff on copper imports, triggering immediate shockwaves through global markets. The announcement, made during a Cabinet address, sent copper futures in New York soaring by 17%- the largest intraday spike since 1988.
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July 09, 2025, 01:01 IST
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