President Trump on Tuesday threatened to impose up to 200 percent tariffs on pharmaceutical products imported into the U.S. “very soon.”

“If they have to bring the pharmaceuticals into the country, the drugs and other things into the country, they're going to be tariffed at a very, very high rate, like 200 percent,” Trump said during a Cabinet meeting.

Trump said any tariffs would not take effect immediately.

"We're going to give people about a year, year........

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