Trump Says Tariffs Pushed Novartis to Expand Operations in US

Feb. 20, 2026, 10:00 AM UTC

President Donald Trump said his tariffs spurred Novartis AG to expand its US manufacturing footprint, following a meeting with the Swiss drugmaker’s chief executive Vas Narasimhan at the White House on Wednesday.

Speaking to workers at a steel plant in Rome, Georgia, on Thursday, Trump said Narasimhan told him the company was building new US plants as a result of the president’s tariff policies.

“We appreciate the opportunity to update ⁠the US government on our progress, including recent groundbreakings for manufacturing and research facilities in North Carolina and California and plans to expand our ‌radioligand therapy manufacturing network with a ...

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