The Hill
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Trump announces 100 percent tariff on China in response to rare earth controls
Posted
October 11, 2025
Views
3,882
Likes
36
Comments
43
Engagement
2.04%
October 11, 2025
3,882
36
43
2.04%
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1:32Now PlayingWatch full presser here:
President Trump will give an announcement from the Oval Office on Friday evening related to lowering drug prices.
Trump's comments come just weeks after the White House announced plans to launch TrumpRx.com, an online platform that seeks to direct Americans to lower-priced medicine. The move follows an executive order issued in May for drug companies to slash drug costs in the U.S. to compete with other nations.
During an event last month, the president announced a deal with Pfizer to cut down its prices.
The Trump administration also recently paused a threatened 100 percent tariff on drugmakers that did not build facilities in the U.S.
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