Trump threatens pharma tariffs of up to 250 percent
Aug 5, 2025 1:01 PM
President Trump on Tuesday threatened to impose tariffs of up to 250 percent on pharmaceutical imports, the highest rate he’s discussed to date. “We'll be putting a, initially small tariff on pharmaceuticals,” Trump told CNBC’s Squawk Box. “But in one year, one in a half years maximum, it's gonna go to 150 percent, and then...