Global Trade Alert
Global Trade Alert

United States of America: Agreement with Eli Lilly on Most-Favoured-Nation drug pricing and tariff exemption

Announcement

06 Nov 2025

In November 2025, the United States government announced an agreement with Eli Lilly to implement most-favoured-nation drug pricing for American patients. The agreement secured an exemption for Eli Lilly from prospective tariffs on the pharmaceutical imports.

Source

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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

Implemented: 02 Apr 2026
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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Implemented: 02 Apr 2026
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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Implemented: 02 Apr 2026
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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