Fact Sheet: President Donald J. Trump Bolsters National Security and Strengthens U.S. Supply Chains by Imposing Tariffs on Patented Pharmaceutical Products

BOLSTERING NATIONAL SECURITY: Today, President Donald J. Trump imposed tariffs on patented pharmaceuticals and their ingredients under Section 232 of the Trade Expansion Act of 1962 to bolster American national security and public health.

President Trump imposed a 100% tariff on patented pharmaceutical products and ingredients.
The tariffs will come into effect in 120 days for certain large companies, and 180 days for smaller companies...