KEY POINTS
The U.S. will impose a 100% tariff on “all any branded or patented Pharmaceutical Product” entering the country from Oct. 1.
The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added.
He said that the exemption covers projects where construction has started, including sites that have broken ground or are under construction.
Still not understanding how tariffs work, eh
Imo this is 100% market manipulation. First Tylenol and then this right afterwards? He’ll go back on this in a week or two and his friends will have made billions.