BioPharma Dive April 2, 2025
The president will impose a baseline 10% tariff on all countries, as well as higher levies on certain nations. Pharmaceuticals seem to be exempt, at least for now.
The U.S. will implement a universal baseline tariff of 10%, effective April 5, along with increased tariff rates on various countries, President Donald Trump announced at the White House Wednesday.
The president said certain trading partners such as China, Japan and the European Union will be subject to higher duties than the baseline rate, effective April 9. Those countries will face levies equal to half of a calculated total of trade barriers, including tariffs and value-added taxes, that Trump said is imposed on the U.S. by each trading partner.
For example, the...
Today's Sponsors
Today's Sponsor