Close Menu
    Main Menu
    • Home
    • News
    • Innovation
    • Interviews
    • Leadership
    • Generations
    • Money
    • Investment
    • Our Services
      • Heir Management for Bangladeshi Companies
      • Profitability Consultancy for Suffering Companies
      • Market Leadership Consultancy
      • Market Intelligence Consultancy
    • Blog
    Facebook X (Twitter) Instagram LinkedIn
    Trending
    • Bangladesh Gears Up to Tap South Asia’s $37 Billion Logistics Boom
    • When Virality Outshines Value: The Salt Bae Case
    • NBR Expands Duty-Free Imports for 8 Sectors to Cut 80% Export Reliance on Garments
    • Chattogram Port to Go Fully Digital by February 2026
    • Xiaomi Dismantles Tesla Model Ys to Perfect Its YU7 SUV
    • Trade Costs Between Bangladesh and India Jump 20%
    • UK Seeks Deal as US Pushes for Local Drug Production
    • Bangladesh Apparel Exports to US Grow Despite Tariffs
    Subscribe
    Business BrillianzBusiness Brillianz
    Facebook X (Twitter) Instagram LinkedIn
    Wednesday, October 8
    • Home
    • News
    • Innovation
    • Interviews
    • Leadership
    • Generations
    • Money
    • Investment
    • Our Services
      • Heir Management for Bangladeshi Companies
      • Profitability Consultancy for Suffering Companies
      • Market Leadership Consultancy
      • Market Intelligence Consultancy
    • Blog
    Business BrillianzBusiness Brillianz
    Home | Blog | News | UK Seeks Deal as US Pushes for Local Drug Production
    News

    UK Seeks Deal as US Pushes for Local Drug Production

    September 28, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    UK Seeks Deal as US Pushes for Local Drug Production
    Share
    Facebook Twitter LinkedIn Copy Link

    President Donald Trump’s latest trade plan would impose a 100% tariff on British-made pharmaceuticals unless companies set up production in the United States. The EU and Japan remain exempt due to earlier trade deals, leaving the UK exposed as negotiations on drug tariffs continue. Britain supplies about 3.3% of US pharmaceutical imports, making the stakes high for both industries.

    Britain could face steep new trade penalties after US President Donald Trump announced a plan to impose a 100% tariff on pharmaceuticals unless companies build manufacturing facilities in the United States. The move is part of a wider push by Trump’s administration to bring drug production onshore and reduce reliance on foreign supply chains.

    Read More: Bangladesh Apparel Exports to US Grow Despite Tariffs

    According to sources cited by Reuters, the European Union and Japan are exempt from the measure because both secured trade deals that capped pharmaceutical duties at 15%. Britain, however, remains vulnerable, as the pharmaceutical tariff was not fully settled in its earlier trade agreement with Washington.

    Pharmaceutical products are among Britain’s key exports, and the US is one of its largest markets. US trade data shows that drugs imported from Britain made up about 3.3% of total pharmaceutical imports in 2024. Industry experts warn that a 100% tariff could sharply increase costs for British firms and limit their competitiveness in the American market.

    Read More: Gig Work Rises as Lifeline but Lacks Protection

    The tariff threat highlights the shifting landscape of US trade policy, which has increasingly tied market access to domestic investment. While Trump argues the plan will strengthen American supply chains and reduce dependence on foreign drugs, critics caution that it risks disrupting global trade ties and driving up healthcare costs for US consumers.

    Negotiations between the UK and US on the issue are still ongoing, with business leaders urging both sides to find a compromise that protects investment and keeps critical medicines affordable and accessible.

    Drug Production UK US

    Related Posts

    Bangladesh Gears Up to Tap South Asia’s $37 Billion Logistics Boom

    October 4, 2025

    NBR Expands Duty-Free Imports for 8 Sectors to Cut 80% Export Reliance on Garments

    September 30, 2025

    Chattogram Port to Go Fully Digital by February 2026

    September 29, 2025
    Leave A Reply Cancel Reply

    ShareTrip-New-Ads-Banner
    Swish-Banner-Ads
    Pathao Courier

    Category
    • AI (9)
    • Awards & Recognitions (7)
    • Building & Construction (1)
    • Digital Business (11)
    • Electronics (3)
    • Events (4)
    • Export & Import (12)
    • Finance & Banking (31)
    • Innovation (12)
    • Investment (22)
    • Leadership (2)
    • Lifestyle & Fashion (2)
    • Money (11)
    • News (198)
    • Newsletters (1)
    • Real Estate (1)
    • Small Business (3)
    • Tech (4)
    • Uncategorized (3)
    About Us
    About Us

    Business Brillianz is Delivering Cutting-Edge Updates, Strategies, and Expert Advice for Businesses.

    Quick Links
    • Home
    • Blog
    • About Us
    • Contact Us
    Our Terms
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram LinkedIn
    Copyright © 2023 | Business Brillianz.

    Type above and press Enter to search. Press Esc to cancel.