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Stock impact report

Trump unveils up to 100% tariffs on patented drugs [Yahoo! Finance]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
Company Research Source: Yahoo! Finance
companies that do not reach agreements with his administration in the coming months. Companies that have signed a “most favoured nation” pricing deal and are actively building facilities in the US to bring production of patented pharmaceuticals and their ingredients onshore will have a 0% tariff. For those that do not have a pricing deal but are building such projects in the US, a 20% tariff will apply, rising to 100% within four years. A senior administration official told reporters on a press call that companies still have months to negotiate before the 100% tariffs take effect — 120 days for larger companies, and 180 days for others. The official, speaking on condition of anonymity to preview the executive order before it was issued, did not identify any companies or drugs at risk of being hit by the increased tariffs but noted the administration had already reached 17 pricing deals with major drugmakers, 13 of which have signed. Related Trump raises global tariffs from Show less Read more
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