Eli Lilly and Co plans to invest $27 billion in a new factory in the USA, following suggestions of pharmaceutical tariffs by Donald Trump.February 27, 2025, 1:31 AM GMT+9.
On the 26th, major US pharmaceutical company Eli Lilly and Co (LLY.N) announced plans to spend at least $27 billion on constructing a new manufacturing facility in the USA. This move is seen as a response to tariff measures on pharmaceuticals indicated by the Trump administration, as revealed in a press conference in Washington.
According to the company, construction of the factory is expected to take place over the next five years. It anticipates the creation of over 3,000 skilled jobs for engineers and scientists, as well as 10,000 jobs related to construction. The location for the construction will be announced later this year.
In response, USA Secretary of Commerce Wilbur Ross commented at a press conference on the 26th that Eli Lilly is "exactly doing what President (Trump) expected."
During the presidential campaign, Trump, who pledged to strengthen domestic manufacturing, has pressured pharmaceutical companies to bring pharmaceutical production back to the USA since his inauguration in January. On the 18th of this month, he mentioned imposing tariffs on imported pharmaceuticals, similar to those on Autos, around 25%...

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