00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Trump plans to announce tariffs as soon as Thursday on drug makers that have not agreed
00:06to guarantee lower prices in the U.S., according to Reuters.
00:09The White House did not respond to Reuters' request for comment.
00:12The administration has considered a 100% tariff on imported, branded, and patented medicines.
00:17Pfizer and AstraZeneca secured multi-year exemptions through pricing deals and commitments to the
00:21new TrumpRx.gov platform.
00:23Eli Lilly, Johnson & Johnson, and Merck pledged billions to expand U.S. operations.
00:28Companies without agreements or ongoing negotiations will face the tariffs.
00:32The plans are not final and may change, with possible exemptions for certain medicines and
00:36disease categories.
00:37For all things money, visit Benzinga.com.
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