TariffsTrump Says Tariffs on Pharmaceutical Imports Could Increase to 200 PercentCommerce Secretary Howard Lutnick said that details on pharmaceutical tariffs will be unveiled by the end of the month.SaveMark Us Preferred on GooglePrintPresident Donald Trump speaks during a cabinet meeting in the White House on July 8, 2025. Andrew Caballero-Reynolds /AFP via Getty ImagesAldgra Fredly7/9/2025|Updated: 7/9/20250:00X 1President Donald Trump said on July 8 that he will impose tariffs of up to 200 percent on pharmaceutical products imported into the United States.Trump told a Cabinet meeting that his administration will unveil the tariffs “very soon,” but they will not take effect immediately.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.