US President Donald Trump on Tuesday said he plans to announce tariffs on imported pharmaceuticals which could reach 200 percent but he would give drugmakers about one year “to get their act together.”
“We’re going to give people about a year, a year and a half to come in and, after that, they’re going to be tariffed,” Trump told reporters, speaking at a meeting of his Cabinet at the White House where he also said he planned tariffs on semiconductor imports.
“If they have to…

