04/04/2026
Trump announced a 100% tariff on some imported medications—unless companies lower prices or move production to the U.S.
The policy is meant to reduce drug costs and strengthen domestic supply chains. But many economists warn that tariffs are often absorbed by U.S. importers, which could ultimately lead to higher prices for patients.
This comes at a critical time, as 6 in 10 Americans say they’re worried about affording prescription medications.
Patients need real solutions to high drug costs—not policies that risk making medications even less affordable.
President Donald Trump took two actions Thursday to adjust his evolving tariff regime: a 100 percent tariff on some imported drugs and adjusted levies on industrial metals.