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.
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 News’ Berkeley Lovelace Jr. reports on the possible outcome for the supply of drugs in the U.
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 manufacturing plant in northern England, citing a cut in U.K. government support,
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.
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.
Companies start tallying the costs of Trump's tariffs
As President Donald Trump's tariffs on Canada and Mexico loom, companies are starting to disclose how much of an impact the duties would have on supply chain costs. Trump paused for one month the 25% tariffs he planned for Canadian and Mexican imports as the countries committed to reinforce border security.
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
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 ...
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 ...
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 ...
WBAL6h
Maryland Senate, House committees hear arguments on limiting prescription drug costs
Senate and House committees both heard hourslong arguments on bills to give the Prescription Drug Affordability Board more ...
The Gazette13h
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 ...
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.
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 ...
Gov. Ned Lamont unveils proposals to tackle prescription drug costs
There's an ongoing push to improve health care affordability and reduce out-of-pocket costs, especially for prescription ...