HomebusinessEuropean pharmaceutical firms criticise Trump tariffs on medicines as ‘blunt instrument’

European pharmaceutical firms criticise Trump tariffs on medicines as ‘blunt instrument’

businessJuly 29, 2025
1 min read
European pharmaceutical firms criticise Trump tariffs on medicines as ‘blunt instrument’
Trade group says levy will harm patients in US and Europe by reducing access, disrupting supply chains and cutting R&D

Trade group says levy will harm patients in US and Europe by reducing access, disrupting supply chains and cutting R&D

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The European pharmaceutical industry has condemned the US move to put 15% tariffs on medicines imported from the EU, calling the taxes a “blunt instrument” that would harm patients on both sides of the Atlantic.

They were responding to a White House text of the deal that inferred the 15% baseline rate on imports from the EU would also apply to drugs if the agreement is implemented on the US side on Friday as expected.

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Source: Guardian - World News

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