Donald Trump Threatens 200% Tariff On Pharmaceutical Imports ‘Very Soon’

Last Updated:July 09, 2025, 01:01 IST

Donald Trump threatened 200% tariffs on imported pharmaceuticals while US Commerce Secretary Lutnick said final decision is imminent.

US President Donald Trump (Reuters File Image)

US President Donald Trump threatened to impose tariffs of up to 200% on pharmaceuticals imported into the United States, signaling his administration’s most aggressive move yet to shift drug manufacturing back to American soil.

“They’re going to be tariffs at a very high rate, like 200%," Donald Trump said during a Cabinet meeting, adding, “We’ll give them a certain period of time to get their act together- about a year, year and a half."

While the tariffs would not take effect immediately, the US President indicated the policy rollout could come “very soon." Donald Trump’s remarks follow a months-long Section 232 investigation into whether reliance on imported drugs poses a national security risk, a legal tool that previously paved the way for his steel and aluminum tariffs.

Read more: Trump’s Message To Fed Chief On Inflation: ‘Stop Whining Like A Baby And Cut Rates’

Policy Details Expected Soon

US Commerce Secretary Howard Lutnick said that final decisions on pharmaceutical tariffs will be made at the end of the month, once the administration’s internal review is completed.

“With pharmaceuticals and semiconductors, those studies are being completed… and then the president will set his policies," Howard Lutnick said.

The pharmaceutical industry has pushed back hard against the idea, warning that steep tariffs could drive up costs, disrupt the global drug supply chain and hamper investments in research and development. Major companies like Eli Lilly, Johnson & Johnson and AbbVie are among those watching the decision closely.

Donald Trump Puts 50% tariff On Copper Imports

Donald Trump announced a sweeping 50% tariff on copper imports, triggering immediate shockwaves through global markets. The announcement, made during a Cabinet address, sent copper futures in New York soaring by 17%- the largest intraday spike since 1988.

Location :

Washington D.C., United States of America (USA)

First Published:

News world Donald Trump Threatens 200% Tariff On Pharmaceutical Imports ‘Very Soon’