STAT+: Trump administration backs off 100% pharma tariffs threatened to start today
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WASHINGTON \u2014 President Trump told pharmaceutical companies last week that they should start building infrastructure in the U.S. \u2014 or face a 100% tariff<\/a>, starting Wednesday.<\/p>\n But a White House official told STAT on Wednesday that the tariffs have not gone into effect and that the administration would now \u201cbegin preparing\u201d tariffs on companies that don\u2019t build in the U.S. or make a drug pricing agreement with the administration. The official didn\u2019t share a new timeline for those import taxes, which would apply to branded drugs.<\/p>\n The postponement signals that months of tough talk from the White House on pharma tariffs may ultimately be aimed at leveraging more voluntary commitments from drugmakers<\/a>, such as investing in the U.S. and striking deals to lower their prices.<\/p>\n Continue to STAT+ to read the full story\u2026<\/a><\/p>\n<\/div>\n