Trump Threatens 100% Tariff on Drug Makers to Lower U.S. Prices
President Donald Trump is threatening to impose a 100% tariff on pharmaceutical companies that do not agree to lower U.S. drug prices. The tariffs will apply to branded drugs and their active ingredients, while generic drugs are exempt for at least one year. Companies that enter pricing agreements with the White House and increase domestic production can avoid the tariffs. The administration has already secured exemptions for several major drugmakers. The policy aims to pressure drugmakers to align U.S. prices with those in other high-income countries, addressing the high cost of prescription medicines in the U.S.