27 Sep 2025 | 3 Mins Read
US Pharma stocks surge as Trump imposes drug tariffs
Flipitmoney
President Donald Trump announced 100% import taxes on branded or patented pharmaceuticals starting Oct. 1, excluding those companies building U.S. manufacturing plants. Shares of Merck (1%), Lilly, and J&J rose slightly above the S&P 500 index, with analysts predicting minimal impact on big drugmakers due to expansion plans and fat profit margins.