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China Moves to Shield Its Healthcare Sector: US Pharmaceuticals Quietly Exempted from 125% Tariffs

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China just blinked: U.S. drugs spared from tariff hike—Here’s what that means

China exempts select U.S. pharmaceuticals from new 125% tariffs; firms like CSL and Merck assess supply chain resilience.

byPallavi Madhiraju

April 30, 2025

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