June 26, 2025
The order gives drugmakers price targets in the next 30 days, and will take further action to lower prices if those companies do not make "significant progress" toward those goals
The Trump administration is setting the stage in a bid to impose tariffs on both sectors over extensive reliance and national security threats
He says the US will need all those products if there are problems including wars
"I'm going to be announcing tariffs on cars and semiconductors and chips and pharmaceuticals, drugs and pharmaceuticals and lumber, probably and some other things,” he says
