Trump Targets Pharma: Tariffs on the Horizon

President Trump stated on Monday that he intends to introduce pharmaceutical tariffs within the next two weeks, marking a significant move in his administration's trade policies. This announcement comes as part of broader efforts to address trade imbalances.

President Donald Trump announced on Monday his plan to impose tariffs on the pharmaceutical industry within a fortnight. This development marks a significant policy shift as the President aims to balance trade inequities.

The proposed tariffs align with the administration's persistent focus on restructuring trade practices to favor domestic interests. Details on the tariffs' specifics remain unavailable at this time.

Trump's announcement follows a series of strategic trade interventions targeting various industries to encourage fair trade practices. The pharmaceutical sector now finds itself at the center of this broader economic strategy.

(With inputs from agencies.)