ResearchApr 3, 2026
Trump Issues Executive Order for 100% Tariff on Imported Patented Drugs — Pharma Stocks Tumble
Trump signed sweeping executive order imposing 100% tariff on all imported patented pharmaceutical products. Companies building US manufacturing facilities can avoid tariffs aiming to onshore pharma production. Nifty Pharma index fell over 5% with all constituent stocks trading lower.