Trump's 100% tariffs on drugs could cost you more at the pharmacy [Los Angeles Times (CA)]
Merck & Company, Inc. (new) (MRK)
Last merck & company, inc. (new) earnings: 4/28 06:45 am
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Source: Los Angeles Times
The new levy, which President Donald Trump authorized on Thursday, applies to patented drugs made in countries that lack tariff deals with the U.S. by companies that don't have most-favored-nation-pricing agreements with the administration. Duties for products made by certain larger companies will take effect in 120 days, while items from smaller manufacturers won't be hit for another 180 days, according to a White House statement. Tariffs on imports from major economies that cut deals with the White House will be capped at 15%. That includes the European Union, South Korea, Japan, Switzerland and Liechtenstein, the statement said. Imports from the UK will face a lower rate, after it agreed to double government spending on new medicines as a proportion of GDP over the next decade in a separate deal struck on Thursday. Medicines made by companies that commit to some manufacturing in the U.S. would see their imported products taxed at 20%, and if they strike MFN agreements, the r
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News
- Merck & Co., Inc. (MRK) had its price target raised by JPMorgan Chase & Co. from $125.00 to $135.00. They now have an "overweight" rating on the stock.MarketBeat
- Trump Unveils Up to 100% Tariffs on Imported Medicines With Key Exemptions [Yahoo! Finance]Yahoo! Finance
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- Merck & Co. (MRK) Announces Detailed Results From the Phase 2 CADENCE Study [Yahoo! Finance]Yahoo! Finance
- Merck Announces Initiation of Pivotal Phase 2b/3 Trial Evaluating MK-8748 (Tiespectus), an Investigational Bispecific Tie2 Agonist/VEGF Inhibitor, for the Treatment of Neovascular Age-Related Macular Degeneration [Yahoo! Finance]Yahoo! Finance
MRK
Earnings
- 2/3/26 - Beat
MRK
Sec Filings
- 4/1/26 - Form 4
- 4/1/26 - Form 4
- 4/1/26 - Form 4
- MRK's page on the SEC website