Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
President Donald Trump's steep tariffs on Canada, Mexico and China could worsen exist­ing drug short­ages in the U.S. and raise health-care costs for patients, some drug trade groups warn. They also said the import taxes could strain cash-strapped generic drugmakers and distributors.
Trump’s China tariffs are likely to drive up drug prices and spur shortages
President Donald Trump’s executive order imposing a 10% tariff on Chinese imports is likely to drive up the cost of generic drugs in the United States and exacerbate drug shortages, experts say.
Trump’s tariffs could strain medicine supply and drive drug costs
Trump initiated the sweeping tariffs to “hold Mexico, Canada, and China accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other dr
Trump’s Tariffs Would Cost Families Over $3,000 Annually—and Give the Fed a Big Headache
Tariffs on goods from Mexico, Canada, and China will add to inflation, curb economic growth, and complicate Federal Reserve decisions.
Here Is How Trump Can Falsely Claim His Tariff Threats Helped Win the Drug War
It seems President Donald Trump's plan to fight drugs with punitive tariffs on China, Mexico, and Canada, which never made much sense, was little more than an attempt to look tough. Trump threw his weight around,
The Hospitalist3d
Understanding the Inflation Reduction Act’s Impact on Prescription Drug Costs
The root of the U.S.’s high prescription drug prices lies in its unique system, which allows pharmaceutical manufacturers to ...
China tariffs could drive up drug prices and spur shortages in the U.S.
President Trump’s tariffs on China could increase drug prices and spur shortages across the U.S. as a trade war looms. NBC ...
In Annapolis, a chance to lower drug prices.
I know firsthand what it’s like to struggle to pay for the medication I need to lead a full and healthy life. For several ...
Where $2 prescription drug prices, Obamacare stand in Trump executive order onslaught
Trump stopped a program that had been in the works and was intended to give Medicare recipients access to more than 100 ...
STAT3d
Pharmalittle: We’re reading about tariffs’ effect on drug costs, a scrapped vaccine plant expansion, and more
This would reverse progress toward curbing drug shortages. AstraZeneca scrapped plans to invest $558.3 million in its vaccine ...
Trade differences between U.S. and China could threaten prescription drug prices
While the threat of tariffs raises the specter of drug shortages and rising prices, patient advocate Dr. Bill Hennessy ...
Prescription drug prices threatened due to trade differences
A 10% U.S. tariff on Chinese goods went into effect at midnight Tuesday and China responded with a tariff as well. China and ...
Cigna taking steps to lower out-of-pocket cost of prescription drugs
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
The Gazette22h
Bills aim to address prescription drug costs, pharmacy closures by regulating PBMs
Pharmacy benefit managers, insurance companies, and pharmacists debated the causes and potential impacts of the new proposal ...
Democrats challenge Trump on drug prices after executive order
House Democrats press the Trump administration for clarity on how the president's order rescinding Biden's drug cost ...
The Drug Industry Is Having Its Own DeepSeek Moment
It isn’t just artificial intelligence. Chinese biotech companies are now developing drugs faster and cheaper than their U.S.