Trump says US will soon announce tariffs on pharmaceutical imports
- President Donald Trump said the US will soon announce a major tariff on pharmaceutical imports to incentivize drug companies to move their operations to the US.
- European pharmaceutical companies warned the European Commission president that US tariffs would expedite the industry's shift away from Europe and towards the United States.
- The European pharma trade lobby EFPIA called on the EU President to take action to mitigate the 'risk of exodus' to the US, citing the need for regulatory changes and stronger intellectual property provisions.
244 Articles
244 Articles
Will There Be Drug Shortages From A Trade War? Here's One Way To Get Ahead Of It
President Trump’s justified trade war with China – and with other countries who have taken advantage of the US – will, eventually, be successful and will usher in a new Golden Age of Made in America. However, victory will not come overnight — and there will be casualties and a cost associated with this effort. For many Americans, a casualty and cost of this trade war will come in the form of rising costs and shortages of prescription drugs: Pre…
Will There Be Drug Shortages From A Trade War? Here’s One Way To Get Ahead Of It * 100PercentFedUp.com * by Noah
President Trump’s justified trade war with China – and with other countries who have taken advantage of the US – will, eventually, be successful and will usher in a new Golden Age of Made in America. However, victory will not come overnight — and there will be casualties and a cost associated with this effort. For many Americans, a casualty and cost of this trade war will come in the form of rising costs and shortages of prescription drugs: Pre…
Trump’s Tariff Threat for Drug imports Poses Big Political Risks - Overpasses For America
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten America’s national security, an effort to lay the groundwork for pos…
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