The Top Line · Fierce Life Sciences

Trump's tariff threats, measured by manufacturing

·15 min·1 clip
Reshoring pharmaceutical production is expensive, so companies will still find it cheaper to manufacture overseas, shifting reliance from China to India and Southeast Asia.
An interview with Atradius risk underwriter Brady McKinney about a new report analyzing how Trump administration tariff threats drove a global surge in pharmaceutical manufacturing in 2025. They discuss the data behind the production boom, regional impacts in the US, EU, and China, and how the industry is adjusting supply chains and preparing for future policy shifts.

As heard by us

Tariff pressure reshaped pharma manufacturing before policy fully landed.

Fraser Kansteiner and Brady McKinney frame tariff pressure as a manufacturing story, and the piece stays steady on that line. It traces how repeated tariff threats pushed drug makers around the world to ramp production in 2025, build inventory, and brace for trade disruption.

Read the full review in PlayNext →

Why you'd press play

Tariffs changed the factory math before the rules settled.

Read the full recommendation in PlayNext →
Listen to the show on