News in brief…13 April 2026

US announces 100 percent Section 232 tariff on patented pharmaceuticals

US announces 100 percent Section 232 tariff on patented pharmaceuticals The United States President recently signed an executive order imposing a 100 percent tariff under Section 232 on patented pharmaceuticals and their ingredients, to come into effect in 120 days for certain large companies and 180 days for smaller companies. According to a White House release, pharmaceutical products from countries with which the United States currently has trade agreements, or that may enter into trade ...

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Published Date: 13 April 2026