President Trump announced many new tariffs Thursday, including a large one on pharmaceutical companies that aren’t building plants in the U.S.

The Wall Street JournalFriday, September 26, 2025 at 3:20:00 AM
President Trump announced many new tariffs Thursday, including a large one on pharmaceutical companies that aren’t building plants in the U.S.
President Trump has announced new tariffs, notably targeting pharmaceutical companies that fail to establish manufacturing plants in the U.S. This move is significant as it aims to encourage domestic production and reduce reliance on foreign drug suppliers, but it could also lead to increased drug prices for consumers and strain relationships with international companies.
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