Donald Trump is on a roll with imposing tariffs and the US President seems to be in no mood to stop.

The latest blow comes amid Trump's repeated threats to impose up to 250 per cent tariffs on pharmaceuticals, with the US President finally declaring a 100 per cent levy on branded and patented pharmaceutical products.

Announcing the decision on Truth Social, Donald Trump said, “Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America. “IS BUILDING” will be defined as, “breaking ground” and/or “under construction.” There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started.”

Full list of Trump tariffs announced today

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