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Trump threatens 100% tariffs on drugmakers who aren't building U.S. plants

Donald Trump United States PhRMA

President Trump on Tuesday night threatened to start levying 100% tariffs on imported branded drugs made by companies that haven't committed to building new U.S. facilities by Oct. 1.

Why it matters: The move raises the stakes for drug manufacturers already under pressure from the administration to lower U.S. prices.

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One subscription that gives you access to news from hundreds of sites

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