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Trump’s new tariffs plan raises more questions

President Trump announced new pharmaceutical tariffs on Thursday, threatening a 100 percent tariff on companies who are not building pharmaceutical manufacturing plants in the U.S. beginning on Oct. 1. But who does that affect?

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On his platform Truth Social, Trump said the rule would only affect a “branded or patented Pharmaceutical Product,” effectively leaving generic medicines untouched. Generic drugs account for the vast majority of prescriptions in the U.S.

Following Trump’s announcement, the administration clarified that the tariff would not supersede the 15 percent tariff trade deal between the U.S. and the European Union reached earlier this year.

“The EU accounts for roughly 70 percent of the U.S.’

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