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Posted on 04/02/2026 8:29:02 AM PDT by Tell It Right
The Trump administration is preparing to impose new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices, CNBC has learned.
Patented medications and their active ingredients would be hit with a 100% tariff, according to a draft of the document obtained by CNBC. But there are pathways for drugmakers to reduce or avoid the levies if they move their manufacturing to the U.S. or are negotiating deals with the administration.
The proposal is not final, and it is unclear when the Trump administration may announce it, though some reports indicated it could be as soon as Thursday.
(Excerpt) Read more at cnbc.com ...
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I looked at the new TrumpRX site.
I need a break on Linzess. It’s not in there.
I buy my meds from two sources. #1, Amazon Pharmacy. #2, Mumbai, India. Same with my wife’s meds.
He isn’t taxing generic drugs, just name brands that are more expensive. Tylenol is a good example. If the name John & Johnson is not on the bottle, it could be cheaper.
wy69
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