U.S. Imposes New Section 232 Tariffs on Patented Pharmaceuticals and APIs

Dear Clients,
On April 2, 2026, President Trump issued a Presidential Proclamation titled “Adjusting Imports of Pharmaceuticals and Pharmaceutical Ingredients into the United States,” establishing a new tariff regime under Section 232 of the Trade Expansion Act of 1962 for certain imported patented pharmaceuticals and Active Pharmaceutical Ingredients.
The new measures may have significant implications for Israeli pharmaceutical and life sciences companies with U.S. market exposure, including in relation to supply chain planning, pricing, and manufacturing strategy.
In this client update, we outline the main elements of the new regime and highlight several practical considerations for Israeli pharmaceutical and life sciences companies exporting to the United States, manufacturing products for the U.S. market, or otherwise involved in supplying pharmaceutical products to the United States.
As always, the team at Agmon with Tulchinsky remains at your disposal.
To download the PDF click here