Trump Weighs 200% Pharma Tariffs, Here's How This Will Impact Your Wallet

Trump Weighs 200% Pharma Tariffs, Here's How This Will Impact Your Wallet

Experts warn that such steep tariffs would almost certainly push drug prices higher, disrupt established supply lines, and risk shortages of vital medicines.

Trump threatens up to 200% tariffs on foreign-made pharmaceuticals

Up to this point, the president has spared this category of products from import taxes imposed on goods across the globe.

Drugmakers Warn Trump's Import Tariffs Could Trigger Shortages in US

Drugmakers warn Trump's proposed tariffs on imported medicines could raise prices and cause shortages across the U.S.

Trump's tariffs to empty pharma shelves, industry warns

President Donald Trump’s tariffs may cause an increase in empty pharmaceutical shelves. According to an AP report, Trump’s plan to impose steep import taxes on pharmaceuticals — some as high as 200% — is drawing sharp warnings from industry experts who fear it could push up drug prices in the United States and trigger shortages. “A tariff would hurt consumers most of all, as they would feel the inflationary effect … directly when paying for pres…