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home / news releases / GNOM - 4 Calls For Trump's Pharmaceutical Tariffs

GNOM - 4 Calls For Trump's Pharmaceutical Tariffs

Global X Genomics & Biotechnology ETF

2025-07-25 06:20:00 ET

By Diederik Stadig

1. US consumers will be hurt the most by the incoming tariffs

We expect the Trump administration to announce a tariff on pharmaceuticals before 1 August. If the instituted tariff is 25%, we believe prices for US consumers will gradually rise by 10-14%, as stockpiled medication slowly runs out....

For further details see:

4 Calls For Trump's Pharmaceutical Tariffs

Stock Information
Company Name: Global X Genomics & Biotechnology ETF
Stock Symbol: GNOM
Market: NASDAQ
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