00:00The Trump administration is drafting a plan to impose 100% tariffs on branded drugs and their active ingredients from
00:07companies that haven't reached pricing deals with the president.
00:10Drug makers can avoid or reduce the levies by relocating manufacturing to the U.S. or actively negotiating with the
00:18administration, while generic drugs would face no additional tariffs whatsoever.
00:22The proposal, which is not yet finalized, builds on Trump's most favored nation drug pricing policy and follows a Commerce
00:30Department finding that certain pharmaceutical imports pose a national security risk.
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