Trump's 100% Tariff on Patented Drugs Causes Asian Pharma Stocks to Plummet
Financial MarketsTrumpUpdated a day ago

Trump's 100% Tariff on Patented Drugs Causes Asian Pharma Stocks to Plummet

Asian pharmaceutical stocks are experiencing a significant decline following President Trump's announcement of a 100% tariff on patented drugs, effective October 1. This decision raises concerns about drug prices and availability, particularly for companies without U.S. manufacturing. The tariff could reshape the pharmaceutical landscape, impacting both investors and consumers.

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