Trump plans a hefty tax on imported drugs, risking higher prices and shortages
Trump plans a hefty tax on imported drugs, risking higher prices and shortages
apnews.com
Trump plans a hefty tax on imported drugs, risking higher prices and shortages
President Donald Trump has plastered taxes on products from almost every country on earth. He’s targeted specific imports, too. But he isn’t done yet.
Trump has promised Americans he’ll lower their drug costs. But imposing stiff pharmaceutical tariffs risks the opposite and could disrupt complex supply chains, drive cheap foreign-made generic drugs out of the U.S. market and create shortages.