New US Administration: Looming Tariffs on Pharma Timelines

Within the first 100 days of the current US Administration, there has been a clear shift toward more protectionist trade policy. The 47th US President has implemented a series of tariff measures aimed at reducing the trade deficit.

To date, key outcomes have included:

• Imposition of a 10% global baseline tariff
• Introduction of a reciprocal tariff framework
• Significant tariffs on strategic sectors such as steel, aluminum, and automotive
• Heightened tensions between the US and China

Scope

• This report examines the transition of the 47th U.S. Administration toward a protectionist trade policy during its first 100 days.

The analysis focuses on efforts to reduce the trade deficit while assessing the broader implications for domestic industry and global trade relations.