Trump’s Tariffs Could Send Prescription Drug Prices Out of Reach
2 Articles
2 Articles
Trump’s tariffs could send prescription drug prices out of reach
Studies confirm it: one in three Americans can’t afford to take recommended doses of prescription drugs because of skyrocketing prices. Even the price tag for low-cost generic drugs has risen so much that some consumers are cutting their doses in half, or skipping them entirely, to stretch out a month’s supply. Then, President Donald Trump took office and vowed to bring down prescription drug prices. But experts say his plan — threatening tari…
Donald Trump has given a major relief to the global pharmaceutical sector. This relief is no small feat. In fact, the White House has postponed plans to impose tariffs on generic drug imports. The move is a relief for Indian pharmaceutical companies, which supply about half of the generic drugs in the United States. The decision will also provide significant relief to millions of Americans who rely on imported generic drugs to treat ailments ran…
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