00:00And on the pretext of encouraging domestic production, U.S. President Donald Trump has
00:04announced new tariffs on pharmaceutical imports. As part of a series of tariffs he has imposed on
00:09various industries, the U.S. President is seeking to encourage foreign pharmaceutical companies
00:13to move their operations to the United States. Since taking office, the President has taken a
00:18reciprocal approach to tariffs against more than 185 countries, arguing that the United States has
00:24been disadvantaged in trade.
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