World Business Report Donald Trump announces new wave of tariffs on branded pharmaceutical products
Sep 26, 2025
Donald Trump has announced a striking 100% tariff on branded drug imports, raising concerns about the impact on German pharmaceutical exports. In a twist, hundreds of romance scammers were arrested in an international operation, prompting a CEO to discuss how dating apps are ramping up defenses against fraud. Meanwhile, the tattoo industry is experiencing a remarkable boom, projected to be worth $6.5 billion by 2033, as tattoos shift from counterculture to mainstream acceptance.
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Tariff Tweet Creates Big Pharma Uncertainty
- Hans Stutl warns a 100% tariff on branded drugs would double export costs and devastate pharma trade balances.
- He says the announcement is confusing because it appeared as a tweet, not an executive order, creating uncertainty for German firms.
Tariff Shock Spreads Beyond Drugs
- Randeep Samel notes tariffs on trucks and furniture extend the shock beyond pharmaceuticals.
- He highlights broad industry exposure, including 25% on imported trucks and 30–50% on kitchen and bathroom items.
Follow Arrests With Digital Forensics
- Interpol recommends seizing devices after arrests to glean evidence and protect further victims.
- Neil Jetton stresses that arrests must be followed by digital forensics to disrupt criminal networks.