As Trump threatens tariffs on drugs, industry warns EU of $100B-plus pharma exodus to US

Although President Trump’s “Liberation Day” tariffs have spared pharmaceuticals, potential drug-specific import levies remain a sword of Damocles creating anxiety among biopharma companies. Some industry leaders now fear that more than $100 billion in investments could leave the European Union.

Apr 8, 2025 - 16:07
 0
As Trump threatens tariffs on drugs, industry warns EU of $100B-plus pharma exodus to US
Although President Trump’s “Liberation Day” tariffs have spared pharmaceuticals, potential drug-specific import levies remain a sword of Damocles creating anxiety among biopharma companies. Some industry leaders now fear that more than $100 billion in investments could leave the European Union.