Trump signs 100% tariff on brand-name pharmaceuticals [USA TODAY]
Bristol-Myers Squibb Company (BMY)
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Source: USA TODAY
Show Caption President Donald Trump officially launched a new government website, TrumpRx, aimed at helping Americans buy medicines at lower prices. President Donald Trump ordered a 100% tariff on brand-name pharmaceuticals produced overseas as his administration escalates efforts to push drug companies to manufacture in the United States. Trump threatened to impose the tariff last year but has since worked to negotiate deals with drug companies to lower their prices and bring drug production to the U.S. Multiple companies have agreed to such deals . Drug companies that commit to moving production to the United States will face a 20% tariff while they are transitioning and no tariff if they also agree to lower prices to so-called “most favored nation” levels paid by other countries, according to a senior White House official. The full tariff, which takes effect for larger companies in 120 days and smaller companies in 180 days, will be levied if drug production isn't in the U
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BMY
Earnings
- 2/6/26 - Beat
BMY
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- BMY's page on the SEC website