Truth Social post of September 25, 2025

PostTariff raisedPublished 25/09/25Open the original

Summary

President Trump announces a 100% tariff on branded or patented pharmaceutical products starting October 1, 2025, unless the company is building a pharmaceutical manufacturing plant in America, with tariffs waived once construction has started.

By industry

Healthcare & Drug Pricing1 trading day−1.8%p15 stocks5 trading days+3.7%p15 stocks20 trading days+4.7%p15 stocks
Tariffs & Reshoring1 trading day−0.6%p15 stocks5 trading days+2.2%p15 stocks20 trading days+0.8%p15 stocks

Day by day after the announcement

Healthcare & Drug Pricing stocks and the S&P 500 after the announcement, cumulative %
Day	Healthcare & Drug Pricing stocks	S&P 500
25/09/24	0.0%	0.0%
25/09/25	−2.3%	−0.5%
25/09/26	−1.0%	+0.1%
25/09/29	−0.7%	+0.3%
25/09/30	+1.6%	+0.5%
25/10/01	+4.7%	+1.0%
25/10/02	+4.4%	+1.1%
25/10/03	+4.9%	+1.1%
25/10/06	+4.3%	+1.5%
25/10/07	+5.0%	+1.2%
25/10/08	+5.1%	+1.8%
25/10/09	+5.0%	+1.4%
25/10/10	+4.0%	−1.9%
25/10/13	+3.9%	+0.2%
25/10/14	+4.1%	+0.1%
25/10/15	+4.2%	+0.6%
25/10/16	+3.3%	−0.3%
25/10/17	+4.8%	+0.5%
25/10/20	+5.8%	+1.6%
25/10/21	+6.0%	+1.5%
25/10/22	+5.7%	+0.9%

Korean stocks in these industries

Samsung Biologics 207940
Celltrion 068270
SK Biopharmaceuticals 326030
Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$83M
101,112 sh
$83M
Filed 25/10/03
Traded 25/10/02
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$69.1M
90,501 sh
$69.1M
Filed 25/10/01
Traded 25/09/30
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$54.2M
63,849 sh
$54.2M
Filed 25/10/07
Traded 25/10/06
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$30.7M
36,114 sh
$30.7M
Filed 25/10/09
Traded 25/10/08
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$30.4M
39,863 sh
$30.4M
Filed 25/09/19
Traded 25/09/18
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$26.1M
31,102 sh
$26.1M
Filed 25/10/06
Traded 25/10/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$23.8M
28,063 sh
$23.8M
Filed 25/10/07
Traded 25/10/06
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$22.7M
26,795 sh
$22.7M
Filed 25/10/08
Traded 25/10/07
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$21.5M
25,296 sh
$21.5M
Filed 25/10/09
Traded 25/10/08
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$20.6M
24,495 sh
$20.6M
Filed 25/10/06
Traded 25/10/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$20.4M
26,647 sh
$20.4M
Filed 25/09/19
Traded 25/09/18
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$19.5M
22,960 sh
$19.5M
Filed 25/10/07
Traded 25/10/06
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$19.2M
23,151 sh
$19.2M
Filed 25/10/02
Traded 25/10/01
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$19.1M
22,843 sh
$19.1M
Filed 25/10/06
Traded 25/10/03
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$17.6M
23,067 sh
$17.6M
Filed 25/09/19
Traded 25/09/18
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$17.5M
22,965 sh
$17.5M
Filed 25/09/22
Traded 25/09/19
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$15.7M
18,986 sh
$15.7M
Filed 25/10/02
Traded 25/10/01
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$15.4M
18,710 sh
$15.4M
Filed 25/10/02
Traded 25/10/01
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$15.4M
18,132 sh
$15.4M
Filed 25/10/09
Traded 25/10/08
Lilly Endowment10% Owner
SellELI Lilly
Sell
ELI Lilly
LLY
$15M
18,465 sh
$15M
Filed 25/10/02
Traded 25/10/01