CNBC's Silvia Amaro looks at how investors around the world are digesting news of President Donald Trump's 100% tariff on branded drugs, and whether Europe's pharma giants will avoid the worst impact.

Brussels

The United States has announced a 100 percent tariff on branded or patented drug imports, with exemptions for companies building manufacturing plants domestically. While this move has affected healthcare stocks in Asia, European pharmaceutical companies appear largely insulated due to the US-EU trade deal and significant investments in American facilities by firms such as AstraZeneca, Roche, and Novartis. 

Analysts from JP Morgan suggest that most large-cap European biopharma companies will avoid the new tariffs, as many have already expanded their US presence. Industry executives report that their current US manufacturing capacity and export volumes should further minimize any exposure to the tariffs, positioning them well for future regulatory changes.

Europe's pharma giants could be insulated from Trump's drug tariffs

Pharma, biotech, and healthcare stocks across Asia are in red this morning. This is after President Trump announced fresh tariffs on branded or patented drugs entering the United States. A duty of 100 percent will be imposed on those pharma imports starting on October the 1st. The U.S. leader said an exemption will be granted if companies are building drug manufacturing plants in the country, which includes companies that have already broken ground on projects. Trump also unveiled a 25 percent levy on heavy truck imports and tariffs ranging between 30 and 50 percent on furniture and kitchen cabinets. The U.S.-EU trade deal should see European pharma companies insulated from the latest round of tariffs, however. On top of that, some of Europe's heavyweights have looked to get ahead of any potential further headwinds, having announced a swathe of investments in America in the coming years. AstraZeneca, Roche and Novartis have all committed to major investments over the next four to five years as well. So let's see how investors will be digesting the news also in Europe later this morning. But indeed you have some context there in terms of how some European companies might not be impacted by this fresh round of tariffs. Now analysts at JP Morgan say large-cap biopharma companies should largely be able to avoid the new tariff, given that most of them have already started to increase their American presence, while eventually builds should result in little to no exposure until the middle of next year. Throughout the most recent earnings season, we asked pharma executives how they were planning to handle potential U.S. tariffs. We have 13 manufacturing sites already in the United States, and we have some free capacity because of the innovation that we've done in our processes. We've done all we can, and we are well prepared for anything that may come our way. When we talk about GFP1s, which is the active ingredient in Ozempic and Vigovi, we are actually exporting more from the U.S. than we're importing in terms of volumes. So the trade balance, if you can call it that, is actually in a rather good place. There's more clarity around where things will go in the coming years, and thus we can set up our supply chains, we can set up our operations accordingly to how the world is as we know it today.

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Istanbul

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Washington

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Quantico

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Madrid

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Paris

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Beijing

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New York

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Manhattan

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Dallas

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Yangjiang

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Breakdown