{"id":18372,"date":"2026-04-03T03:41:01","date_gmt":"2026-04-03T03:41:01","guid":{"rendered":"https:\/\/jobuzo.com\/en\/trump-imposes-100-per-cent-tariff-on-australian-drugs-but-with-caveats\/"},"modified":"2026-04-03T03:41:01","modified_gmt":"2026-04-03T03:41:01","slug":"trump-imposes-100-per-cent-tariff-on-australian-drugs-but-with-caveats","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/trump-imposes-100-per-cent-tariff-on-australian-drugs-but-with-caveats\/","title":{"rendered":"Trump imposes 100 per cent tariff on Australian drugs \u2013 but with caveats"},"content":{"rendered":"<div>\n<div data-testid=\"ad-sticky-container\" class=\"sc-37562b78-0 iLENDS\">\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 evuabm adWrapper noPrint sc-1c01c11e-0 jLbRED\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<\/div>\n<header class=\"sc-ad76bc40-0 fNDZoQ\">\n<div class=\"sc-5cbbddda-0 hjlPcO\">\n<div data-testid=\"article-author\" class=\"sc-5cbbddda-1 hPBdKJ\" readability=\"5.6\">\n<div readability=\"7.2\">\n<p data-testid=\"article-datetime\" class=\"sc-5cbbddda-5 hxoHkT\"><span class=\"sc-a243f860-0 gjmXPs\">Updated <time data-testid=\"storytile-timestamp\" datetime=\"2026-04-03T10:13:15+11:00\">April 3, 2026<!-- --> &mdash; 10:13am<\/time>,<\/span><span aria-hidden=\"true\" data-testid=\"wbr-separator\" class=\"sc-a243f860-1 jIzAbi\"><\/span><span class=\"sc-a243f860-0 gjmXPs\">first published <time data-testid=\"storytile-timestamp\" datetime=\"2026-04-03T07:18:08+11:00\">7:18am<\/time><\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"sc-7132c98c-0 efdRpd noPrint\" data-testid=\"article-actions\">\n<div class=\"sc-7132c98c-1 iddmiW\">\n<div class=\"sc-f9e3ccff-0 kbEYga\" readability=\"8.5431472081218\"><button aria-checked=\"false\" aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 kmQlMe\"><svg fill=\"none\" height=\"24\" 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sc-3f16ee48-6 sc-369d9219-3 bQUHHf bbwrGd jdMUKO\">Got it<\/button><\/p><\/div>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p><button aria-label=\"Set font size to normal\" aria-pressed=\"true\" class=\"sc-f7fd8257-1 yiNod\">A<\/button><button aria-label=\"Set font size to larger\" aria-pressed=\"false\" class=\"sc-f7fd8257-1 frqtnv\">A<\/button><button aria-label=\"Set font size to very large\" aria-pressed=\"false\" class=\"sc-f7fd8257-1 frqrHP\">A<\/button><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<aside class=\"sc-6f94ac39-6 esmrVF\"><\/aside>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"22.106666666667\">\n<p><strong>Washington:<\/strong> The Trump administration is imposing a 100 per cent tariff on imports of patented drugs, with Australian-made pharmaceuticals subject to the highest possible rate despite carve-outs for other countries.<\/p>\n<p>The Albanese government and the opposition expressed concern about the impact on Australian drugmakers and the US government&rsquo;s shift away from free trade.<\/p>\n<figure class=\"sc-4820f69c-1 ZrhPA\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 dyWwUw\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_0.9841%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.9683%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.0159%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_2.0317%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29 2x\"><img decoding=\"async\" alt=\"US President Donald Trump signed an executive order to impose 100 per cent tariffs on foreign pharmaceuticals.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.378,%24multiply_0.7725,%24ratio_1.5,%24width_756,%24x_0,%24y_0\/t_crop_custom\/q_86,f_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7da3f671ea770244dda2e2683acdc1c0c208ed29 2x\" class=\"sc-d34e428-1 ldCIuB\"><\/source><\/source><\/picture><\/div>\n<p><svg viewbox=\"0 0 38 38\" height=\"38px\" width=\"38px\" class=\"sc-4820f69c-4 iMiYlW\"><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 22.029383, 7.619553)\"><path d=\"M1 8l6.36396103-6.36396103M8 7V1H2\"><\/path><\/g><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 7.0731, 21.523087)\"><path d=\"M8 1L1.63603897 7.36396103M1 2v6h6\"><\/path><\/g><\/svg><\/p><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 SuAZY\"><span>US President Donald Trump signed an executive order to impose 100 per cent tariffs on foreign pharmaceuticals.<\/span><cite class=\"sc-4820f69c-2 jfXEoI\"><span class=\"sc-4820f69c-3 jfhtQZ\">Bloomberg<\/span><\/cite><\/figcaption><\/figure>\n<p>However, Australia&rsquo;s largest biotech firm, CSL, could face a lower tariff rate or be exempt from the new duties, which will not apply to products derived from blood plasma in certain circumstances.<\/p>\n<p>President Donald Trump signed an executive order on Thursday afternoon (Washington time) enacting a long-signalled intention to impose tariffs on foreign pharmaceuticals in a bid to re-shore production in the US.<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"31\">\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/migrant-acquitted-in-first-trial-over-us-border-military-zones\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div><p>The standard rate is 100 per cent, although several countries received a discount as part of broader trade deals. The European Union, Japan, South Korea and Switzerland are all subject to a 15 per cent tariff, and the United Kingdom even lower.<\/p>\n<p>&ldquo;While we are always working with our trading partners and close allies like Australia, Australia does not have a special pharma tariff rate,&rdquo; a White House official told this masthead.<\/p>\n<figure class=\"sc-4820f69c-1 ZrhPA\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 dyWwUw\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_0.9841%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047, https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_1.9683%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_1.0159%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047, https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_2.0317%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047 2x\"><img decoding=\"async\" alt=\"CSL headquarters in Melbourne. The manufacturer of plasma-derived therapies could be exempt from Trump&rsquo;s new tariffs.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.379,%24multiply_0.7725,%24ratio_1.5,%24width_756,%24x_1,%24y_0\/t_crop_custom\/q_86,f_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047, https:\/\/static.ffx.io\/images\/$zoom_0.379%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/12eb541b40c0e47d31a22a29883647cf2fc36047 2x\" class=\"sc-d34e428-1 ldCIuB\"><\/source><\/source><\/picture><\/div>\n<p><svg viewbox=\"0 0 38 38\" height=\"38px\" width=\"38px\" class=\"sc-4820f69c-4 iMiYlW\"><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 22.029383, 7.619553)\"><path d=\"M1 8l6.36396103-6.36396103M8 7V1H2\"><\/path><\/g><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 7.0731, 21.523087)\"><path d=\"M8 1L1.63603897 7.36396103M1 2v6h6\"><\/path><\/g><\/svg><\/p><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 SuAZY\"><span>CSL headquarters in Melbourne. The manufacturer of plasma-derived therapies could be exempt from Trump&rsquo;s new tariffs.<\/span><cite class=\"sc-4820f69c-2 jfXEoI\"><span class=\"sc-4820f69c-3 jfhtQZ\">Bloomberg<\/span><\/cite><\/figcaption><\/figure>\n<p>Trump&rsquo;s executive order reduces the tariff to 20 per cent for companies that move production to the US, and to zero if that country also gives the US &ldquo;most favoured nation&rdquo; status in relation to drug pricing.<\/p>\n<p>ASX-listed biotech giant CSL &ndash; which has plants in the US, Australia and Europe &ndash; last year announced a $US1.5 billion ($2.17 billion) expansion of its American operations. Workers broke ground last month at the company&rsquo;s manufacturing facility in Kankakee, Illinois, and the expansion is set to be completed by 2031.<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"24\">\n<p>A White House official said CSL would need to submit its plan to the US Commerce Department, which has the discretion to grant exemptions.<\/p>\n<p>The text of Trump&rsquo;s executive order said the tariff would be set to zero for plasma derived therapies if they come from a country with a current or forthcoming trade deal with the US, or they meet an urgent US health need.<\/p>\n<figure class=\"sc-4820f69c-1 ZrhPA\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 dyWwUw\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_0.9841%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.9683%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.0159%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_2.0317%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6 2x\"><img decoding=\"async\" alt=\"US Trade representative Jamieson Greer briefly speaks outside the White House on Thursday.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.378,%24multiply_0.7725,%24ratio_1.5,%24width_756,%24x_0,%24y_0\/t_crop_custom\/q_86,f_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6, https:\/\/static.ffx.io\/images\/$zoom_0.378%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/6a9326bf795604cd4bbe2e9acd3bc41d50ff47c6 2x\" class=\"sc-d34e428-1 ldCIuB\"><\/source><\/source><\/picture><\/div>\n<p><svg viewbox=\"0 0 38 38\" height=\"38px\" width=\"38px\" class=\"sc-4820f69c-4 iMiYlW\"><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 22.029383, 7.619553)\"><path d=\"M1 8l6.36396103-6.36396103M8 7V1H2\"><\/path><\/g><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 7.0731, 21.523087)\"><path d=\"M8 1L1.63603897 7.36396103M1 2v6h6\"><\/path><\/g><\/svg><\/p><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 SuAZY\"><span>US Trade representative Jamieson Greer briefly speaks outside the White House on Thursday.<\/span><cite class=\"sc-4820f69c-2 jfXEoI\"><span class=\"sc-4820f69c-3 jfhtQZ\">Bloomberg<\/span><\/cite><\/figcaption><\/figure>\n<p>Australia has not signed a trade deal with the Trump administration, but the two countries have a long-standing free trade agreement.<\/p>\n<p>During a brief appearance at the White House, Trump&rsquo;s trade tsar Jamieson Greer said the executive order was focused on deals that had &ldquo;already been made&rdquo; with companies making drugs in countries such as Australia, Austria and France. He did not take questions.<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"17\">\n<p>A CSL spokesman said the company was pleased the Trump administration had carved out plasma-derived therapies, which constituted the vast majority of its trade into the US.<\/p>\n<p>&ldquo;We&rsquo;re reviewing the materials released today and will continue working with the administration to ensure access to plasma therapies,&rdquo; he said.<\/p>\n<figure class=\"sc-4820f69c-1 ZrhPA\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 dyWwUw\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_0.9841%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba, https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_1.9683%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_1.0159%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba, https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_2.0317%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba 2x\"><img decoding=\"async\" alt=\"Health Minister Mark Butler is &ldquo;pretty confident&rdquo; CSL will be exempted, but has concerns for other pharmaceutical exporters.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.158,%24multiply_0.7725,%24ratio_1.5,%24width_756,%24x_0,%24y_0\/t_crop_custom\/q_86,f_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba, https:\/\/static.ffx.io\/images\/$zoom_0.158%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/d166bb5e9f59a75331bc3a1e9970370c6b6da4ba 2x\" class=\"sc-d34e428-1 ldCIuB\"><\/source><\/source><\/picture><\/div>\n<p><svg viewbox=\"0 0 38 38\" height=\"38px\" width=\"38px\" class=\"sc-4820f69c-4 iMiYlW\"><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 22.029383, 7.619553)\"><path d=\"M1 8l6.36396103-6.36396103M8 7V1H2\"><\/path><\/g><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 7.0731, 21.523087)\"><path d=\"M8 1L1.63603897 7.36396103M1 2v6h6\"><\/path><\/g><\/svg><\/p><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 SuAZY\"><span>Health Minister Mark Butler is &ldquo;pretty confident&rdquo; CSL will be exempted, but has concerns for other pharmaceutical exporters.<\/span><cite class=\"sc-4820f69c-2 jfXEoI\"><span class=\"sc-4820f69c-3 jfhtQZ\">Alex Ellinghausen<\/span><\/cite><\/figcaption><\/figure>\n<p>Australia exported about $2 billion worth of pharmaceutical products to the US in 2025, and the US maintains a trade surplus with Australia.<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"19.049136786189\">\n<p>A spokesman for Trade Minister Don Farrell said the Albanese government was disappointed by the tariff decision and would strongly argue for their removal.<\/p>\n<aside data-testid=\"related-story\" class=\"sc-4dc7bff5-0 EmFFd\">\n<h2 data-testid=\"related-story-heading\" class=\"sc-4dc7bff5-1 ePqZbx\">Related Article<\/h2>\n<div class=\"sc-679b6ed4-0 VKgwt\" data-an-position=\"1\" imagepositions=\"top\" data-testid=\"story-tile\">\n<figure imagesizes=\"[object Object]\" class=\"sc-8825a2fb-0 kZkxVd\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2805%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_86%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5609%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_62%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2842%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_86%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5685%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_62%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0 2x\"><img decoding=\"async\" alt=\"The Trump administration will use the British deal as a model for talks with other developed nations.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.1765,%24multiply_0.5127,%24ratio_1.777778,%24width_1059,%24x_0,%24y_56\/t_crop_custom\/q_86,f_auto\/d6ab94c636be08afea66a2ca171474ba752851b0\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5127%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_86%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_1.0255%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_56\/t_crop_custom\/q_62%2Cf_auto\/d6ab94c636be08afea66a2ca171474ba752851b0 2x\" class=\"sc-d34e428-1 ioInpc\"><\/source><\/source><\/picture><\/div>\n<\/figure>\n<\/div>\n<\/aside>\n<p>Appearing on Channel Seven&rsquo;s <em>Sunrise<\/em> on Friday morning, Health Minister Mark Butler said the government was &ldquo;pretty confident&rdquo; CSL would be exempted, but had serious concerns for other exporters.<\/p>\n<p>He also indicated Australia was not for turning on the Pharmaceutical Benefits Scheme, about which the US administration has also raised concerns.<\/p>\n<p>&ldquo;There&rsquo;s no way we&rsquo;re negotiating about those fundamental elements of the PBS that have served Australia so well for 80 years,&rdquo; Butler said.<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"24.971243042672\">\n<p>Opposition Leader Angus Taylor said the Coalition believed in free trade. &ldquo;This is obviously not welcome news, we don&rsquo;t want to see it,&rdquo; he told <em>Sunrise<\/em>. &ldquo;We&rsquo;ll work with the government to do anything we have to [do] to get it overturned or get an exemption for Australian exporters.&rdquo;<\/p>\n<aside data-testid=\"related-story\" class=\"sc-4dc7bff5-0 EmFFd\">\n<h2 data-testid=\"related-story-heading\" class=\"sc-4dc7bff5-1 ePqZbx\">Related Article<\/h2>\n<div class=\"sc-679b6ed4-0 VKgwt\" data-an-position=\"1\" imagepositions=\"top\" data-testid=\"story-tile\">\n<figure imagesizes=\"[object Object]\" class=\"sc-8825a2fb-0 kZkxVd\">\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2805%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5609%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad 2x\"><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2842%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5685%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad 2x\"><img decoding=\"async\" alt=\"US President Donald Trump and Australian Prime Minister Anthony Albanese at the White House in October last year.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/%24zoom_0.1765,%24multiply_0.5127,%24ratio_1.777778,%24width_1059,%24x_0,%24y_0\/t_crop_custom\/q_86,f_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5127%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_1.0255%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/5b872a7e8b0f4c5df694c80904ea616fa25da6ad 2x\" class=\"sc-d34e428-1 ioInpc\"><\/source><\/source><\/picture><\/div>\n<\/figure>\n<\/div>\n<\/aside>\n<p>Senior Trump administration officials, speaking on a briefing call to reporters, said large companies would have 120 days until the new tariffs kick in. Smaller companies would have six months. They said any new facilities must be completed by the end of Trump&rsquo;s term in January 2029.<\/p>\n<p>&ldquo;In those 120 days, our expectation is they will announce re-shoring plans which will reduce [the tariffs] to 20 per cent,&rdquo; one senior administration official said.<\/p>\n<p>&ldquo;We expect the lion&rsquo;s share of the world&rsquo;s patented pharmaceuticals to be building in America. This was not a secret, we&rsquo;ve been talking about this endlessly over the past six months. Everybody knows it&rsquo;s coming.&rdquo;<\/p>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 yKpxh adWrapper noPrint sc-6f94ac39-3 fDyKLW\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\" readability=\"28.867510548523\">\n<p>The tariff announcement was timed to mark one year since Trump&rsquo;s so-called Liberation Day, when he imposed sweeping &ldquo;reciprocal&rdquo; tariffs on almost all US trading partners. Those tariffs were ruled unlawful by the US Supreme Court in February.<\/p>\n<p>The pharmaceutical tariffs are enacted under Section 232 of the Trade Expansion Act, rather than presidential emergency powers, and were not covered by the Supreme Court&rsquo;s ruling.<\/p>\n<p>Trump also adjusted tariffs on steel, aluminium and copper, which are currently set at 50 per cent and involve complex formulas for the steel component of various products.<\/p>\n<p>Officials said that if a product had less than 15 per cent steel, the additional tariff would now be set to zero &ndash; but other tariffs would still apply. If the product exceeds 15 per cent steel, the steel tariff would be 25 per cent on the total value of the product.<\/p>\n<p>There are also moves to reduce what US officials said was an attempt to &ldquo;fool the tariff process&rdquo; by claiming the products were worth less than their real value.<\/p>\n<p><b><i>Get a note directly from our foreign <\/i><\/b><b><i>correspondents <\/i><\/b><b><i>on what&rsquo;s making headlines around the world. <\/i><\/b><b><i>Sign up for our weekly What in the World newsletter<\/i><\/b><b><i>.<\/i><\/b><\/p>\n<\/div>\n<div data-testid=\"article-footer\" class=\"sc-780f6c39-0 fWnQtB\">\n<div class=\"sc-780f6c39-1 bhFzjY noPrint\">\n<div class=\"sc-780f6c39-2 ksUUFP\">\n<div class=\"sc-f9e3ccff-0 kbEYga sc-780f6c39-3 fMMhlQ\" readability=\"6.3137254901961\"><button aria-checked=\"false\" aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 kmQlMe\"><svg fill=\"none\" height=\"24\" stroke=\"currentColor\" stroke-width=\"1.5\" viewbox=\"0 0 24 24\" width=\"24\" class=\"sc-d1b14060-0 TUyao\"><path d=\"M5.75 4C5.75 3.86193 5.86193 3.75 6 3.75H18C18.1381 3.75 18.25 3.86193 18.25 4L18.25 19.7709L12.8004 16.9682C12.2981 16.7099 11.7019 16.7099 11.1996 16.9682L5.75 19.7709L5.75 4Z\"><\/path><\/svg><span class=\"sc-f9e3ccff-2 gaKrMl\">Save<\/span><\/button>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 yEdFV sc-d1b14060-3 cpmcTK\" role=\"tooltip\" readability=\"8.0816326530612\">\n<p class=\"sc-d1b14060-4 JmUoF\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your saved list to add more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"sc-b5b9fd03-0 ksyHqK\">\n<div class=\"sc-b5b9fd03-1 LVIFj\"><img decoding=\"async\" alt=\"Michael Koziol\" data-testid=\"author-avatar-image\" height=\"40\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/w_40,h_40,c_fill,g_auto:faces\/q_86,f_auto\/369958dc66697d0627416b0b8924e301553f0262\" srcset=\"https:\/\/static.ffx.io\/images\/w_40,h_40,c_fill,g_auto:faces\/q_86,f_auto\/369958dc66697d0627416b0b8924e301553f0262, https:\/\/static.ffx.io\/images\/w_80%2Ch_80%2Cc_fill%2Cg_auto:faces\/q_86%2Cf_auto\/369958dc66697d0627416b0b8924e301553f0262 2x\" width=\"40\" class=\"sc-9a01536c-0 libeSR\"><span data-testid=\"author-bio\" class=\"sc-b5b9fd03-3 cVMGnz\"><span>Michael Koziol is the North America correspondent for The Age and Sydney Morning Herald. He is a former Sydney editor, Sun-Herald deputy editor and a federal political reporter in Canberra.<\/span><span class=\"sc-b5b9fd03-4 gMBkSk\">Connect via X<span> or <\/span>email.<\/span><\/span><\/div>\n<\/div>\n<\/div>\n<section class=\"sc-3dbe4134-0 iIZygf sc-df8e6ee0-0 noPrint\" data-an-name=\"From our partners\" data-an-cu-group=\"everything\" data-an-cu-name=\"From our partners\" data-an-cu-position=\"4\" data-testid=\"from-our-partners-strap\">\n<header class=\"sc-84567ec1-0 hpMljf\">\n<h2 data-pb-type=\"hi\" class=\"sc-84567ec1-1 weWOF\"><span>From our partners<\/span><\/h2>\n<\/header>\n<div class=\"sc-df8e6ee0-1 iJvgCK\">\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 blRVQF adWrapper noPrint sc-df8e6ee0-2 gcpFZE\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<div class=\"container\">\n<div class=\"sc-54c4a04e-0 blRVQF adWrapper noPrint sc-df8e6ee0-3 fIPZKC\" data-testid=\"ad\"><small class=\"sc-54c4a04e-2 dhgkTF\">Advertisement<\/small><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<p><sub>Trump imposes 100 per cent tariff on Australian drugs &ndash; but with caveats<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advertisement Updated April 3, 2026 &mdash; 10:13am,first published 7:18am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. Save this article for later Add articles to your saved list and come back to them anytime. Got it News :&lt;div&gt;12 weeks&#8217; jail for school IT support&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/trump-imposes-100-per-cent-tariff-on-australian-drugs-but-with-caveats\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Trump imposes 100 per cent tariff on Australian drugs \u2013 but with caveats&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":18373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/18372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=18372"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/18372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/18373"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=18372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=18372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=18372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}