Pfizer's CEO says he's got a plan to deal with Trump's tariffs — move overseas drug manufacturing to the US
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Pfizer's CEO, Albert Bourla, plans to move drug manufacturing back to the US in response to tariffs imposed by Donald Trump. This strategic shift aims to mitigate the impact of tariffs on Pfizer's operations.
March 04, 2025 | 4:30 am
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Pfizer's CEO, Albert Bourla, is considering relocating drug manufacturing to the US to counteract the impact of tariffs imposed by Donald Trump. This move could affect Pfizer's operational costs and supply chain.
The decision to move manufacturing to the US is a direct response to tariffs, which could reduce costs associated with tariffs and improve supply chain efficiency. This strategic move is likely to be viewed positively by investors, potentially boosting Pfizer's stock price in the short term.
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