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Trump unveils up to 100% tariffs on patented drugs

EuroNews · · 908 words · By Doloresz Katanich
Trade Policies National Security Economic Impact
open_in_new Read the original article: https://www.euronews.com/business/2026/04/03/trump-unveils-up-to-100-tariffs-on-…

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Loaded Language 90% confidence
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Appeal to Fear 95% confidence
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fact_checkFact-Check Results

20 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

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“Companies in the EU, Japan, Korea and Switzerland face a lower, capped tariff rate under existing trade agreements with the US.”
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“President Donald Trump signed an executive order on Thursday that could impose long-threatened tariffs of up to 100% on certain patented drugs from companies that do not reach agreements with his administration in the coming months.”
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wikipedia NEUTRAL — At 79 years old, Donald Trump, the 45th and 47th president of the United States, became the oldest person in American history to become president upon his second inauguration in 2025. In July 2024, fi…
https://en.wikipedia.org/wiki/Age_and_health_concerns_about_…
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wikipedia NEUTRAL — The People of the State of New York v. Donald J. Trump was a criminal case against Donald Trump, a then-former president of the United States. Trump was charged with 34 felony counts of falsifying bus…
https://en.wikipedia.org/wiki/Prosecution_of_Donald_Trump_in…
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wikipedia NEUTRAL — Trump Always Chickens Out (TACO) is a term that gained prominence in May 2025 after many threats and reversals during the trade war US president Donald Trump initiated with his administration's "Liber…
https://en.wikipedia.org/wiki/Trump_Always_Chickens_Out
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“Companies that have signed a 'most favoured nation' pricing deal and are actively building facilities in the US to bring production of patented pharmaceuticals and their ingredients onshore will have a 0% tariff.”
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“For those that do not have a pricing deal but are building such projects in the US, a 20% tariff will apply, rising to 100% within four years.”
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wikipedia NEUTRAL — About us may refer to: About Us (novel), 1967 a novel by Chester Aaron "About Us" (song), a 2007 song by Brooke Hogan About Us (album), a 2019 album by Australian pop singer, G Flip About Us (film), …
https://en.wikipedia.org/wiki/About_us
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wikipedia NEUTRAL — A company is a legal entity representing an association of legal persons with a shared objective, such as generating profit or benefiting society. Depending on the jurisdiction, companies can take on …
https://en.wikipedia.org/wiki/Company
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wikipedia NEUTRAL — This list comprises the world's largest companies by consolidated revenue, according to the annual Fortune Global 500 rankings and other sources. Among the 50 largest companies, 23 are in the United S…
https://en.wikipedia.org/wiki/List_of_largest_companies_by_r…
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“A senior administration official told reporters on a press call that companies still have months to negotiate before the 100% tariffs take effect — 120 days for larger companies, and 180 days for others.”
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wikipedia NEUTRAL — A Seven and Seven or 7 and 7 is a highball cocktail, a mixed alcoholic drink containing Seagram's Seven Crown, which is a blended whiskey, and 7 Up, which is a lemon-lime soft drink. It is typically s…
https://en.wikipedia.org/wiki/7_and_7
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wikipedia NEUTRAL — Brian Shaw (born February 26, 1982) is an American retired professional strongman. He won the 2011, 2013, 2015, and 2016 World's Strongest Man competitions, making him one of only five men to win the …
https://en.wikipedia.org/wiki/Brian_Shaw_(strongman)
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wikipedia NEUTRAL — An erection (clinically: penile erection or penile tumescence) is a physiological phenomenon in which the penis becomes firm, engorged, and enlarged. Penile erection is the result of a complex interac…
https://en.wikipedia.org/wiki/Erection
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“The official, speaking on condition of anonymity to preview the executive order before it was issued, did not identify any companies or drugs at risk of being hit by the increased tariffs but noted the administration had already reached 17 pricing deals with major drugmakers, 13 of which have signed.”
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“In the order, Trump wrote that he deemed such actions necessary 'to address the threatened impairment of the national security posed by imports of pharmaceuticals and pharmaceutical ingredients.'”
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“Those 'Liberation Day' tariffs were among the duties the Supreme Court overturned in February.”
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“The EU, Japan, Korea and Switzerland will see a 15% US tariff on patented pharmaceuticals, matching previously agreed rates for most goods, and the UK will get 10% — which Thursday’s order noted would 'then reduce to zero' under future trade agreements.”
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cross reference SUPPORTS — The EU, Japan, Korea and Switzerland will see a 15% U.S. tariff on patented pharmaceuticals, matching previously agreed rates for most goods, and the U.K. will get 10% — which Thursday’s (April 2) ord…
https://www.thehindu.com/news/international/trump-unveils-10…
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“The UK previously said it had secured a 0% tariff rate for all British medicines exported to the US for at least three years.”
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“Trump also unveils update to metal tariffs”
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“Starting Monday, tariff rates on those metals will be calculated based on the 'full customs value' of what US customers pay when buying foreign metal under the latest order, which administration officials say will prevent importers from other countries from avoiding higher payments.”
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“Products fully made of steel, aluminium and copper will continue to be tariffed at 50% for most countries.”
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“The administration is also changing how tariffs are calculated for derivative metals — or finished goods that contain some of these metals, but are not made entirely of them.”
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“For a product with metal that amounts to less than 15% of its entire weight (like the cap on a perfume bottle), only country-specific tariffs will now apply, officials told reporters on Thursday.”
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“But for products with more metal, such as a largely steel washing machine, they said a 25% tariff will apply to the whole value.”
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“Thursday’s orders are the latest example of Trump turning to sector-specific duties. The president used Section 232 of the 1962 Trade Expansion Act to impose the levies, the same authority he cited to impose import taxes on cars, lumber and even kitchen cabinets.”
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“A ruling from the Supreme Court struck down tariffs Trump imposed using another law — the 1977 International Emergency Economic Powers Act — to immediately slap tariffs on any country, at nearly any level.”
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“Trump has argued his steep new import taxes are necessary to bring back wealth that was 'stolen' from the US. He says they will narrow America’s decades-old trade deficit and bring manufacturing back to the country.”
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“ˁTrump’s tariffs since his second term and deals with companies like Pfizer is factual.”
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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.