Drugmakers brace for Trump tariffs with production shifts [Yahoo! Finance Canada]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
Company Research
Source: Yahoo! Finance Canada
Pharmaceutical imports were initially exempt from Trump's first set of reciprocal tariffs, although he has since indicated that levies are coming, arguing that the U.S. needs more drug manufacturing so it does not have to rely on other countries for its supply of medicines. So far, there is little clarity on the rates and timings related to tariffs, but the industry is expecting a big hit if Trump goes ahead with his plans, since the United States is the largest market for drugs in the world, with more than $200 billion in imports. Last week, the Trump administration announced probes into pharmaceutical imports, setting the stage for levies on the sector and prompting several major drugmakers to consider moving production to sites where the drugs are sold. Roche, which announced earlier this week that it would invest $50 billion in the United States over five years, said it had already begun to shift production. "We've taken mitigation measures such as building up inventory i
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SNY
Sec Filings
- 12/29/25 - Form 6-K
- 12/29/25 - Form 6-K
- 12/23/25 - Form 6-K
- SNY's page on the SEC website