Ryan Last, an associate in Troutman Pepper Locke’s Tariff + Trade Task Force Practice Group, was quoted in the May 1, 2026 Law360 Tax Authority article, “Int’l Tax In April: Progress on Tariff Refunds, New Tax Cuts.”

  • Extending Section 232 tariffs to pharmaceutical products was a “big move” by the Trump administration, one practitioner said. Ryan Last of Troutman Pepper Locke LLP said this is the first time the government has used the statute to influence both supply chain and pricing behavior within the pharmaceutical sector.
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