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Trump says pharma tariffs could eventually reach up to 250%

129d ago
Business
CNBC
Business meeting
Former President Trump has announced plans to impose tariffs on pharmaceuticals, starting with a small initial tariff. He stated that within one to one and a half years, he intends to increase these tariffs to 150%, eventually reaching 250%. The specific details regarding which pharmaceuticals would be affected and the timeline for implementation remain unclear. This announcement has sparked debate about the potential impact on drug prices and the pharmaceutical industry.
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