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Pharmaceutical industry fears fresh tariffs
Scottish Daily Express
|April 16, 2025
DONALD Trump has threatened to strike another blow to the UK economy by imposing tariffs on pharmaceuticals, one of Britain's largest export industries.
The US president said charges could come into force in the “not too distant future”.
Pharmaceuticals are Britain’s second largest export to the US after cars and are worth an estimated £7.2billion.
Any new fees would probably be global, applying to imports from any part of the world, including the UK.
This story is from the April 16, 2025 edition of Scottish Daily Express.
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