💥Trump’s Pharma Tariff Shock: Up to 80% Cuts Trigger Asian Stock Sell-Off💥
💥 Major Move from the White House:
President Donald Trump just dropped a bombshell, announcing an upcoming Executive Order to slash prescription drug prices by 30% to 80% across the U.S.
> “I’ll be signing one of the most important Executive Orders in U.S. history,” Trump posted on Truth Social, Monday (May 12).
📉 Immediate Fallout in Asia:
Markets reacted fast — especially in the pharmaceutical sector:
Chugai Pharmaceutical plunged -7.2%
Daiichi Sankyo & Takeda Pharmaceutical both dropped over -5%
In South Korea: SK Biopharmaceuticals and Samsung Biologics slid more than -3%
⚠️ Why It Matters:
Trump’s push to reduce drug costs could disrupt global pharma pricing, especially for companies exporting to the U.S. This move sends a clear signal: America First now includes pharma.
“Trump: ‘Make Drugs Cheap Again!’”
“Pharma execs waking up today: ‘Sir, we’ve been hit.’”
Will this help lower healthcare costs or shake investor confidence long-term?
Drop your thoughts below. Tag someone in pharma stocks!
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