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Swiss industry body says US tariffs on pharmaceuticals will harm patients

By Thomson Reuters Apr 3, 2026 | 10:08 AM

By Marleen Kaesebier

ZURICH, April 3 (Reuters) – U.S. President Donald Trump’s 100% tariffs on the pharmaceutical industry threaten global production, supply chains and ultimately ​will harm patients, Switzerland’s pharmaceutical association interpharma said ‌on Friday.

It urged the Swiss government to negotiate a similar deal to that finalised by Britain, which the UK government said on Thursday made Britain the only country to have ‌tariff-free ​access to the U.S. pharmaceutical market ⁠following Trump’s executive order.

“The ⁠tariffs imposed by the U.S. threaten global production and supply chains for pharmaceuticals, hinder research and development, and ultimately harm patients worldwide,” interpharma said in ​a statement posted to LinkedIn.

Under Trump’s order signed on Thursday, branded pharmaceuticals imported into the U.S. ⁠will be subject to the ⁠tariffs unless manufacturers agree to government drug ​pricing deals or commit to making their products domestically.

The ​British government’s deal on tariff-free access for UK-made ‌medicines agrees to higher prices for new drugs, including those purchased by Britain’s National Health Service.

“We call on Switzerland to advocate for a solution on par with ⁠that of the United Kingdom in its tariff negotiations with the U.S.. The goal must be to free the ⁠pharmaceutical industry from ‌tariffs as much as possible,” interpharma ⁠said.

Chemical and pharmaceutical products made up more ​than ‌half of Switzerland’s total exports in ​2025, which ⁠hit a record 287 billion Swiss francs ($359.02 billion). Excluding gold, other precious metals, gems, artworks and antiques, Swiss exports to the U.S. specifically were worth 54.7 billion Swiss francs.

($1 = 0.7994 Swiss francs)

(Reporting by Marleen Kaesebier; editing ​by Barbara Lewis)