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Trump's new duties on medicine. However, there are exceptions


The official added that the duties for EU drugs will be limited to 15 percent. in accordance with the provisions of the Framework Trade Agreement. In the case of Japan, the rate specified in her agreement will apply. The joint statement of the USA -Japonia indicates that American tariffs for Japanese drugs and semiconductors should not exceed those used for other countries, including the EU, writes Bloomberg.

On Thursday, Trump announced that the US will introduce 100 percent. The duty “for every patented or branded pharmaceutical product, unless the company is building its pharmaceutical production factory in America”, defining this as “starting construction or construction in progress”.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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