Sources: Trump will not announce any details on pharmaceutical tariffs on Wednesday

On April 1st, according to four people familiar with the matter, drugmakers are lobbying US President Donald Trump to gradually impose tariffs on imported medicines, hoping to reduce the impact of tariffs and allow time to shift production. Trump said he would soon announce tariffs on the pharmaceutical industry, which has been exempted in the past, after imposing tariffs on other industries. < b > The understanding of the people familiar with the matter is that Trump will not announce any specific details about the pharmaceutical tariffs on Wednesday. Despite this, the largest multinational pharmaceutical companies now expect that US tariffs on medical products are inevitable and want to ensure that tariffs are gradually increased to 25%, rather than raised to 25% from day one.