Asian Pharmaceutical Stocks Slump As Trump Announces 100% Tariffs On Patented Drugs
NegativeFinancial Markets

Asian pharmaceutical stocks are facing a significant downturn following President Trump's announcement of a 100% tariff on patented drugs, set to take effect on October 1. This move raises concerns about the impact on drug prices and availability, especially for companies that haven't established manufacturing plants in the U.S. The decision could reshape the pharmaceutical landscape, affecting both investors and consumers.
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