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International Business Times
International Business Times
Business

AstraZeneca To Invest $50 Bn In The US As Tariff Threat Looms

AstraZeneca United States Donald Trump Pascal Soriot The United States Russ Mould
AstraZeneca's announcement included a new factory in the US state of Virginia, which will be the company's 'largest single manufacturing investment' (Credit: AFP)

British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States by 2030 amid Donald Trump's threats to impose tariffs on the sector.

The funds will boost its manufacturing and research operations in the US, including the construction of a multi-billion-dollar factory in Virginia, the company said in a statement.

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