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New drug tariffs "much ado about nothing"? UBS: Major pharmaceutical companies have already invested hundreds of billions of dollars in the US and may receive full exemptions.

New drug tariffs "much ado about nothing"? UBS: Major pharmaceutical companies have already invested hundreds of billions of dollars in the US and may receive full exemptions.

``` After Trump announced on Thursday night a 100% tariff on imported pharmaceuticals, investment banks including UBS told clients that the actual impact of this policy may be negligible. Analysts pointed out that since major pharmaceutical companies have already invested tens of billions of dollars in building production facilities in the
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