1 of 1
Story summary
- U.S. President Donald Trump announced tariffs on April 2, 2026, targeting branded pharmaceuticals and duties on steel, aluminum, and copper.
- The pharmaceutical tariffs can reach 100 percent unless manufacturers agree to pricing deals or U.S. production.
- Pfizer Inc. and Merck & Co. are exempt due to existing agreements.
- The United States will maintain a 50 percent tariff on many metal imports and simplify compliance for low-metal-content products.
