GSK PLC

GSK: XLON (GBR)

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Trump Announces 100% Tariffs on Branded Pharmaceuticals; Drugmaker Share Prices Unperturbed

Jay Lee , Karen Andersen

Sep 26, 2025

On Sept. 25, President Donald Trump announced that 100% tariffs on branded or patented pharmaceuticals will be enacted starting Oct. 1, unless the drugmaker is building its manufacturing plant in the US. At the time of this writing, share prices for big drugmakers have held steady.

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Trump Announces 100% Tariffs on Branded Pharmaceuticals; Drugmaker Share Prices Unperturbed

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