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U.S. President Donald Trump’s decision to impose 100% tariffs on branded and patented pharmaceuticals manufactured abroad poses a serious threat to Germany’s pharmaceutical sector, according to the Berlin-based industry group Verband Forschender Arzneimittelhersteller (vfa).
The group noted that the move contradicts previous agreements between the U.S. and the European Union, which had capped tariffs at 15%. The implementation of 100% customs duties could have a significant impact on international supply chains, increasing production costs and potentially endangering patient care in both the U.S. and Europe.
vfa President Han Steutel said that investments are already being frozen and described the measure as the last thing Germany needs at this time. He added that existing trade agreements are now under question and emphasised the importance of finding rapid and effective support for European firms.
Steutel highlighted that a “strong and sovereign Europe” could serve as a counterbalance to the growing economic power of the U.S. He noted that while the EU market serves 450 million people, it is spread across 27 countries, whereas the U.S. can address the needs of 300 million people in one go.
The U.S. remains the most significant export market for Germany’s pharmaceutical industry, supporting roughly 130,000 jobs. Last year, German pharmaceutical exports to the U.S. totalled €27 billion ($31.5 billion).
President Trump announced the decision on Thursday via the U.S.-based platform Truth Social, stating that pharmaceuticals produced abroad will face the 100% tariff if the manufacturer has not yet begun establishing a production facility in the U.S. The measure aims to bring drug production back to the U.S., strengthen supply chains, and promote domestic manufacturing.
Steutel noted that the decision is intended to reduce dependence on imported medicines, making domestic alternatives more attractive, particularly during global crises.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Johnson & Johnson (J&J) is facing its first lawsuits in the United Kingdom over claims that its talc-based products cause cancer, as it continues to battle tens of thousands of similar cases in the United States.
The World Health Organization on Monday issued a health advisory warning about three contaminated cough syrups identified in India, urging authorities to report any detection of these medicines in their countries to the health agency.
Around 6,000 students in Malaysia have been infected with influenza and some schools have been closed for the safety of children and staff, an education ministry official said.
Indian police have arrested the owner of Sresan Pharmaceutical Manufacturer, the cough syrup company linked to the deaths of at least 19 children in the central state of Madhya Pradesh, a senior police officer told Reuters on Thursday.
More than 200 health facilities in war-hit eastern Congo have run out of medicines due to widespread looting and supply chain disruptions during fighting this year, the International Committee of the Red Cross (ICRC) said on Wednesday.
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