Switzerland\u2019s Roche flags U.S. plans after Trump pharma tariff announcement<\/p>\n
Switzerland\u2019s Roche\u00a0(ROG.S)\u00a0on Friday underlined that one of its U.S. units recently broke ground on a new facility after President Donald Trump announced new pharmaceutical tariffs that were not due to apply to companies building U.S. plants.<\/p>\n
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Trump said on Thursday the United States will impose a 100% tariff on imports of branded or patented pharmaceutical products from October 1, unless a given pharmaceutical company is building a manufacturing plant in the U.S.<\/p>\n
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A Roche spokesperson pointed to the August 25 announcement about its Genentech unit\u2019s plans for a facility in Holly Springs, North Carolina, as well as Roche\u2019s $50 billion pledge to invest in U.S. manufacturing and research and development.<\/p>\n
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Roche and Novartis (NOVN.S)\u00a0are Switzerland\u2019s two biggest pharmaceutical firms with major U.S. production operations.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Switzerland\u2019s Roche flags U.S. plans after Trump pharma tariff announcement Switzerland\u2019s Roche\u00a0(ROG.S)\u00a0on Friday underlined that one of its…\n","protected":false},"author":2,"featured_media":2506,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[1373,134,112],"class_list":{"0":"post-2505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-roche","8":"tag-president-trump","9":"tag-roche","10":"tag-tariffs"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/2505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=2505"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/2505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/2506"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=2505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=2505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=2505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}