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Australia says it won’t raise drug prices after Trump’s 100% tariff on pharmaceuticals imported into US

Health minister Mark Butler says federal government is ‘not negotiating’ when it comes to removing price protections on common medications Get our breaking news email , free app or daily news podcast Australia will not… Grouped from 10 articles across 5 sources.

10 reports5 sourcesApr 3, 2026, 1:30 AM
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FilterThe Guardian
Clustered coverageABC Australia, Al Jazeera, CNBC, Financial Times, The Guardian
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The GuardianApr 3, 2026, 1:30 AM

Australia says it won’t raise drug prices after Trump’s 100% tariff on pharmaceuticals imported into US

Health minister Mark Butler says federal government is ‘not negotiating’ when it comes to removing price protections on common medications Get our breaking news email , free app or daily news podcast Australia will not cave in to pressure from pharmaceutical giants and the Trump administration by removing consumer price protections on common medications, the health minister, Mark Butler says. Donald Trump imposed a new 100% tariff on branded pharmaceuticals imported into the US overnight, Australian time, trying to force manufacturers to agree to drug-pricing deals or commit to making their products domestically. Continue reading...

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The GuardianApr 2, 2026, 9:33 PM

Trump threatens 100% tariff on US drug makers that don’t strike deals to lower prices

New tax will hit branded drugs and active ingredients while exempting generics for at least one year Sign up for the Breaking News US email to get newsletter alerts in your inbox Donald Trump is threatening 100% tariffs on pharmaceutical companies that have not struck deals to lower US drug prices. The new tariff will only apply to branded drugs and their active ingredients. Generic drugs, which make up more than 90% of medicines sold in the US, will be exempted from tariffs for at least one year. Orphan, veterinary and other specialty drugs are exempt if they are from trade deal countries or meet urgent public health needs. Continue reading...

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Al JazeeraApr 2, 2026, 11:38 PM

Trump unveils 100 percent tariff on drugs to push for pharmaceutical deals

US president has said that he will use tariffs to bring down costly medical drugs, but the impact remains uncertain.

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CNBCApr 2, 2026, 9:11 PM

Trump administration sets up to 100% tariffs on some imported drugs, with many companies exempt

The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower their U.S. drug prices.

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ABC AustraliaApr 2, 2026, 7:46 PM

Trump puts 100pc tariff on some pharmaceuticals

The US president's latest order shows he remains committed to his aggressive tariff regime despite February's Supreme Court ruling that invalidated his centrepiece "liberation day" tariffs.

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Financial TimesApr 2, 2026, 7:31 PM

Trump administration announces new tariffs on pharmaceuticals

White House also rolls back levies on some metals in an attempt to simplify duties

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The GuardianApr 2, 2026, 7:27 PM

UK drug exports to US spared tariffs under deal critics say will cost NHS billions

‘Partnership’ on drug pricing also gives patients in Britain greater access to potentially life-extending treatments British drug exports to the US will escape tariffs imposed by Donald Trump as part of a controversial UK-US medicines deal that critics fear will mean less money for the NHS. The deal will also give patients in Britain greater access to potentially life-extending drugs because the rules have been relaxed to allow the NHS to pay more for particular treatments. Continue reading...

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Financial TimesApr 2, 2026, 2:25 AM

US readies new pharmaceutical tariffs

Levies of 100% on certain medicines would implement threats Trump made last year

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Financial TimesApr 2, 2026, 6:19 PM

UK urges pharma companies to invest after reaching drug pricing deal with US

Accord will result in higher medicines spending in Britain in exchange for exemption from threatened Trump tariffs

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Al JazeeraApr 2, 2026, 9:28 AM

Trump’s tariffs one year on: How Americans are paying the price

US households paid $1,000 more for the same goods over the past year, with lower-income families hit the hardest.

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