Trump unveils 100% tariff on some patented drugs on 'Liberation Day' anniversary

President Trump signed an executive order imposing up to 100% tariffs on patented drugs from non-compliant pharmaceutical companies. This policy targets major drug manufacturers and could disrupt global supply chains of critical medications, including insulin and cancer treatments.

President Donald Trump has signed an executive order that could slap long-threatened pharmaceutical tariffs of up to 100% on some patented drugs from companies that don’t reach deals with his administration in the coming months