Article 6X03P Trump hints at tariff reprieve for pharma companies that bring operations back to US

Trump hints at tariff reprieve for pharma companies that bring operations back to US

by
Lisa O'Carroll Senior correspondent
from US news | The Guardian on (#6X03P)

He suggests drugmakers would get a lot of time' to repatriate manufacturing before facing levies

Donald Trump has hinted at a tariff reprieve for pharmaceutical companies, which are braced for fresh sector-specific import taxes as early as next week.

He reiterated at a meeting of pharma, tech and industry bosses in the White House that if companies moved their operations to plants in the US they would face no tariffs, but he suggested that they would get a lot of time" to make the switch before facing levies.

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