Global Drugmakers Expand US Operations Amid Tariff Threats

In response to potential 100% tariffs on branded drugs under the Trump administration, global pharmaceutical companies are increasing their U.S. manufacturing presence and stockpiling inventory. Key firms like Pfizer, AstraZeneca, Eli Lilly, Johnson & Johnson, Merck, and GSK have committed billions in investments or secured tariff exemptions through pricing agreements.

By Reuters May 4, 2026 6 min read · Yahoo Finance ·

Global Drugmakers Expand US Operations Amid Tariff Threats

Tickers: $AZN $JNJ $LLY $MRK $PFE

Topics: investment pharmaceuticals supply chain U.S. policy

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