Exempt from Trump's tariffs

 

Pharmaceuticals were exempted from the sweeping tariffs President Trump announced last week.

But Trump has been saying that he will impose pharmaceutical-specific tariffs, claiming that it would help shift drug production to the US.

Much of pharmaceutical supply chains are based in China, India and Europe.

Experts have warned that despite the exemption of pharmaceuticals from Trump's tariffs (for now), tariffs on other materials involved in drug production can affect the cost of drugs for consumers.