Although pharmaceuticals are exempt from the US reciprocal tariff policy, for now, the escalating global trade war is already posing practical on-the-ground problems for some companies, In Vivo investigates.
China ran a deficit of $3bn in the drug trade with the US in 2024. (Shutterstock)
Key Takeaways
China’s 84% retaliatory tariffs on all imported goods from the US means manufacturing of US-originated drugs in China will make more sense than ever for some local licensees.
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