President Trump imposed 100% tariffs on imported patented pharmaceuticals and key ingredients from companies without deals to lower prices or move production to the US123.
Companies with approved plans to shift production to the US face a reduced 20% tariff1.
Generic drugs are excluded from the tariffs1.
The policy aims to strengthen domestic supply chains, ensure access to life-saving medicines, and improve affordability1.
The order was prepared for announcement around April 1-2, 2026, citing national security and public health concerns12.
Sources:
1. https://www.youtube.com/watch?v=q3Fs1yZ_iRc
2. https://www.statnews.com/2026/04/01/trump-section-232-tariffs-imported-brand-drugs/
3. https://www.the-independent.com/news/world/americas/us-politics/trump-prescription-drugs-tariffs-liberation-day-b2951275.html