Swiss pharma sector could face steep US tariffs

According to US President Donald Trump, foreign pharmaceutical players will soon also have to brace themselves for steep tariffs. These would be introduced soon, Trump told journalists on board the presidential aircraft Air Force One. Trump told reporters on Thursday that tariffs on pharmaceuticals will start coming in "at a level that we haven't really seen before." "We are looking at pharma right now. Pharmaceuticals. It's a separate category," he said. "We'll be announcing that sometime in the near future.