Businessweek Daily

Side Effects of Trump’s Drug Import Tariffs: Confusion, Blurred Vision

The president’s social media post leaves many policy questions unanswered.

Donald Trump on Thursday announced a plan to impose a 100% tariff on branded drug imports.

Photographer: Eric Thayer/Bloomberg

Last night in Washington, the Trump administration upended the pharmaceutical industry by announcing 100% tariffs on imported drugs. Or maybe not. Bloomberg News pharma reporter Fabienne Kinzelmann explains. Plus: The Everybody’s Business podcast talks Argentina, Trump stands alone at the UN, and there’s a new player in global cash management.

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