Trump administration nearing pharma tariffs plan

Earlier DU thread: Trump pharma tariff threat raises specter of shortages, price hikes

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Source: The Hill

Trump administration nearing pharma tariffs plan

by Nathaniel Weixel, Joseph Choi and Alejandra O’Connell-Domenech - 04/14/25 6:50 PM ET

The Trump administration on Monday took a step toward enacting its aims to tariff pharmaceutical imports, disclosing plans to carry out an investigation into the effects on national security of importing certain pharmaceuticals.

The U.S. Department of Commerce in a Federal Register notice said the probe, known as a Section 232 investigation, began April 1, the day before President Trump announced widespread tariffs on all imported goods but specifically exempted pharmaceuticals.

According to the notice, the investigation “includes both finished generic and non-generic drug products, medical countermeasures, critical inputs such as active pharmaceutical ingredients and key starting materials, and derivative products of those items.”

This investigation is a likely prelude to Trump’s tariffs to come.

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Read more: https://thehill.com/newsletters/health-care/5248764-trump-administration-nearing-pharma-tariffs-plan/