Novartis - Pharmacy - EU - US Tariff - Photo Illustration

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Novartis - Pharmacy - EU - US Tariff - Photo Illustration

The US instills a 15% tariff rate on the EU for pharmaceutical products. Medicines are the largest European exports to the US by value, and the EU accounts for approximately 60% of all pharmaceutical imports to the US. The Novartis logo is seen with tablets, capsules, and syringes in this photo illustration in Brussels, Belgium, on August 9, 2025. (Photo by Jonathan Raa/NurPhoto)


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