Announcement
16 Oct 2025
In October 2025, the United States government announced an agreement with EMD Serono to implement most-favored-nation drug pricing for American patients. The agreement secured an exemption for EMD Serono from prospective tariffs on the pharmaceutical imports.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Jul 2026
Revocation date:
20 Jan 2029
Updated: 17 Oct 2025
Local operations incentive
On 2 April 2026, the U.S. Administration issued a proclamation imposing Section 232 tariffs on imported patented pharmaceuticals and related pharmaceutical ingredients. Under the proclamation, a 0% ta...
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Updated: 17 Oct 2025
Tax or social insurance relief
On 2 April 2026, the U.S. Administration issued a proclamation imposing Section 232 tariffs on imported patented pharmaceuticals and related pharmaceutical ingredients. Under the proclamation, a 0% ta...
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Updated: 17 Oct 2025
Import tariff
On 2 April 2026, the U.S. Administration issued a proclamation imposing Section 232 tariffs on imported patented pharmaceuticals and related pharmaceutical ingredients. Under the proclamation, a 0% ta...
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