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Pharmaceuticals face 100% tariffs in US - unless they have a deal

19 hours agoNatalie ShermanBusiness reporterThanasis via Getty ImagesPatented medicines will face a 100% tariff entering the US - but companies can still avoid the taxes by striking deals with the administration, the White House has said. US President Donald Trump ordered the long-threatened levies on Thursday. The White House said the aim of the tariffs was to reduce national security risks by boosting manufacturing of key medicines in the US.The importance of the move may be largely symbolic a...

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