Trump delayed the tariffs by 100 percent on the drug
The Trump administration is based on its 100 percent tariffs on drug makers who do not build facilities in the United States, where officials say the new tax is still under preparation.
President Trump said on the social truth platform last week: “starting from October 1, 2025, we will impose a 100 % tariff on any pharmaceutical product with a patent or patent,” unless the pharmaceutical maker is in the process of building a manufacturing factory in the United States
This advertisement gave companies less than a week to prepare for an additional additional tax on their imported products. Leaving the supply chain experts scratch their heads around the mechanics of how to apply this policy.
With the federal government closed, it is not clear whether the federal employees are necessary in a position to impose this rule.
The administration also indicated on Monday that it will provide some grace in terms of enforcement.
In the Oval Office on Monday, Trade Minister Howard Lootnick said, “Thus, while we negotiate with these companies, we will allow them to operate and end these negotiations. Because they are the most important thing for the American people. So we stand through help and work with them.”
Officials also confirmed that the added tariff was implemented under Article 232 of the 1962 Trade Expansion Law, which gives the president authority to restrict imports that may threaten national security.
The Ministry of Commerce began an investigation into the impact of national security to import pharmaceutical products and pharmaceutical components earlier this year, and according to experts, this investigation is likely to reinforce the suitability of definitions.
The CEO of Pfizer Albert Bourla, who announced on Monday, said that he will be compatible with the executive order of the “most preferred nation” of Trump, that he had received a “grace period” of three years from 232 tariffs.
However, the White House indicated that although enforcement may not happen immediately, the definitions are still playing.
A White House official said upon reaching the hill.
“President Trump is sincerely committed to reducing drug prices for Americans and will not hesitate to use the customs tariff to do so,” they added.
