Pharma's Godfather Moment: Pulled Back Into Tariff Uncertainty
2026-03-13 10:35:00 ET
By Diederik Stadig , Senior Economist, Healthcare & Technology
'Just when I thought I was out...'
Just as 16 branded pharma companies struck investment deals with the Administration – trading MFN pricing for a temporary reprieve on tariffs – the US Supreme Court ruling marked the start of a messy transition period. In response, the Administration invoked Section 122 of the 1974 Trade Act, which permits tariffs of up to 15% for as long as 150 days, with the possibility of extensions....
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