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Stock impact report

What to know about Trump's new pharmaceutical tariff plan [Yahoo! Finance]

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
for more clarity and details into the White House's new policy set to go into effect in less than a week. In announcing that branded or patented drugs would be hit with 100 percent tariffs on Oct. 1, Trump also said drugmakers could escape the penalties if they have a pharmaceutical manufacturing plant for which ground has been broken, or is currently under construction. It's unclear how many companies can escape the tariffs under that rule, though many drug manufacturers have pledged billions in investments into the U.S. under pressure by the Trump administration. This announcement exempts generic drugs, which account for the vast majority of prescriptions in the U.S. Drugs produced in the European Union are also not covered by the new tariffs, though they are subject to a 15 percent tariff Health care lawyers said the new policy raises a number of question for those hoping to avoid the tariffs. “What if you already have an existing US manufacturing facility? Are you exem Show less Read more
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