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Trump Claims Many Companies Moving to US to Avoid Tariffs

Posted

September 27, 2025

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President Donald Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture, including a 100% duty on patented drugs unless the producer is building a manufacturing plant in the US.

“Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America,” Trump posted on social media Thursday, without offering specifics on which producers will be impacted. “There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started.”

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President Donald TrumpUS Starting OctoberPharmaceutical ProductCompany IS BUILDINGPharmaceutical Manufacturing PlantAmerica TrumpPharmaceutical ProductsSubscribe Bloomberg News

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Trump Claims Many Companies Moving to US to Avoid Tariffs · Bloomberg News · Sentinel