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Biopharma and US Policy: Tariffs Increasingly Manageable; Medicaid Pricing Policy Looks Unrealistic

Karen Andersen , Jay Lee

Aug 4, 2025

In letters to pharma CEOs on July 31, President Donald Trump pushed firms to implement most-favored-nation pricing for Medicaid by the end of September. This follows a policy announced July 28 that will impose 15% tariffs on imports from the EU, replacing potential Section 232 investigation tariffs.

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Roche Holding AG Ordinary Shares new

Biopharma and US Policy: Tariffs Increasingly Manageable; Medicaid Pricing Policy Looks Unrealistic

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