US Pharma Stocks, April 9 -- Pharmaceutical sector stocks fell at Wall Street open on Wednesday, April 9, after fear over the upcoming US tariffs on pharma imports spooked investors amid a raging trade war between the United States and other world nations.

Stocks like Pfizer, Amgen, Johnson & Johnson, were among others which dropped on Wednesday as the markets opened in the United States.

Donald Trump announced on Tuesday, April 8, that the United States will soon impose a "major" tariff on pharmaceutical imports into the Western nation amid the ongoing tariff war.

"We're gonna tariff our pharmaceuticals ... we're going to be announcing very shortly a major tariff on pharmaceuticals," said President Donald Trump in his address.

So far...