New U.S. tariffs are coming on Oct. 1, U.S. President Donald Trump said in a social media post on Thursday.
“Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America,” he posted on Truth Social.
The president added that plants that have broken ground or are under construction will qualify as “is building,” meaning there will be no tariffs if the construction has started.
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