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Trump Plans Tariffs on Pharmaceuticals, Drug Imports

story

MAR 29

Image copyright: Unsplash

story last updated 3 days ago

The Spin

Republican narrative

The pharmaceutical tariffs will strengthen American manufacturing independence, prevent foreign countries from taking advantage of the U.S. market, ensure critical medicine production returns to domestic soil, and reduce reliance on other nations as experienced during COVID-19.

Breitbart Brookings

Democratic narrative

Implementing pharmaceutical tariffs risks disrupting critical medical supply chains. As the timeline for establishing domestic manufacturing capabilities could take years to develop, these tariffs could lead to drug shortages and increased healthcare costs for Americans.

Fierce Pharma Pharmaceutical Technology