U.S. Administration Sets Tariffs for Pharmaceutical Imports

On April 2, President Trump signed an Executive Order on pharmaceutical products and ingredients. The tariffs will come into effect in 120 days for certain large companies and 180 days for smaller companies.

Executive action: https://www.whitehouse.gov/presidential-actions/2026/04/adjusting-imports-of-pharmaceuticals-and-pharmaceutical-ingredients-into-the-united-states/

Fact Sheet: https://www.whitehouse.gov/fact-sheets/2026/04/fact-sheet-president-donald-j-trump-bolsters-national-security-and-strengthens-u-s-supply-chains-by-imposing-tariffs-on-patented-pharmaceutical-products/