Trump teases 200% tariffs on pharmaceutical companies importing meds

News Snapshot:

President Donald Trump hinted he could slap a 200% tariff on overseas pharmaceutical companies “very soon.” Trump has long hinted at pharmaceutical tariffs to bring the sensitive industry back to the U.S., but has so far held off on the risky measure. He revived these efforts on Tuesday, hinting at new tariffs targeting the industry but giving a year-and-a-half window for implementation. “We’ll be announcing something very soon on pharmaceuticals. We’re gonna give people about a year, year and a half to come in, and after that, they’re gonna be tariffed if they have to bring the pharmaceuticals into the...