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Benzinga
Benzinga
Business
Vandana Singh

Teva, Viatris On Investor Watch As White House Spares Generic Drugs From Tariffs

Teva Pharmaceuticals

The Trump administration is reportedly planning to exclude imported generic drugs from tariffs.

White House spokesman Kush Desai told the Wall Street Journal that "the administration is not actively discussing imposing Section 232 tariffs against generic pharmaceuticals." A Commerce Department representative echoed that the ongoing investigation into pharmaceutical imports under Section 232 of the Trade Expansion Act of 1962 would not result in tariffs on generics.

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