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United States of America: Agreement with Bristol Myers Squibb on Most-Favoured-Nation drug pricing and tariff exemption

Description

On 19 December 2025, the United States announced an agreement with Bristol Myers Squibb providing the company with three years of tariff relief from the potential Section 232 pharmaceutical tariffs. I...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

31 Jul 2026

Revocation date

20 Jan 2029

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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