KEY POINTS
The U.S. will impose a 100% tariff on “all any branded or patented Pharmaceutical Product” entering the country from Oct. 1.
The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added.
He said that the exemption covers projects where construction has started, including sites that have broken ground or are under construction.
Exactly this. Fuck the tariffs; it’s just plane stupid to expand into the land of flavor-of-the-month winners and losers. There’s better ways of making money.