Music hits 7:00pm - 10:00pm

Listen Live

Search

Trump announced 100% tariff on drugs

Friday, 26 September 2025 06:30

US president, Donald Trump, has issued a hammer blow to the pharmaceutical sector by announcing a 100% tariff on drug imports.

The tariff will apply to all companies, unless they’ve begun to construct a US based manufacturing plant.

What this means for the two Swiss drug giants, Novartis and Roche, is unclear at the moment – but both companies have already announced they plan to invest billions in the United States over the next five years. 

Trump has previously demanded drug prices need to fall in the US.

The market in the United States has long been known as a gold mine for the pharmaceutical companies as they charge the most in the US. 

Trump has railed against the situation in the past. 

Share

More from Bitesize News

  • Geneva could foot the G7 bill

    Geneva fears it will be left with the security bill from a G7 summit just across the border in Évian, according to 24 heures.

  • US NGO discovers Swiss child abuse cases

    Switzerland relies too heavily on an American NGO to detect child sexual abuse online, raising questions about the country's ability to protect children on its own.

  • French singer banned by Paleo

    The Paléo Festival in Nyon says it will no longer invite French singer Patrick Bruel, after a former volunteer accused him of inappropriate behaviour.

  • Cars going uninspected

    The cantons are struggling to keep up with mandatory vehicle inspections, leaving more than 550,000 checks overdue nationwide.

  • War may lead to rent rises

    Rents may rise again, says the bank Raiffeisen.

  • Not a heatwave, yet

    Summer has arrived, with temperatures climbing past 30 over the long weekend. Basel reached 31 and Sion hit 32.4, but MeteoSwiss, says this does not yet count as an official heatwave.

Follow WRS

Download our app

  • Available on the App Store
  • Available on Google Play