Trump’s Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions

Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.

Jul 29, 2025 - 08:00
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Trump’s Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.