President Trump says tariffs on pharmaceuticals are coming soon [Video]

President Donald Trump says he plans to impose tariffs on pharmaceuticals “very shortly,” in what could be the next phase of his sweeping overhaul of global trade. Supporters argue reducing America’s reliance on foreign suppliers is critical for national security, but others fear steep tariffs could drive up prices for patients. Pharmaceuticals were exempted from Trump’s package of reciprocal tariffs, most of which are now on pause for 90 days as the administration negotiates with targeted countries.The White House didn’t immediately respond to emailed questions about the size and scope of potential tariffs on pharmaceuticals. For now, it remains unclear when the import taxes could take effect and what products, if any, may be spared. The push is part of Trump’s effort to increase drug manufacturing on U.S. soil. “We realized during COVID that we don’t make our drugs and our pharmaceuticals in this country,” Trump said Wednesday. “The only …