Trump's Tariffs on Imported Drugs: A National Security Move
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
President Trumps executive order imposes a 100% tariff on imported brand name drugs, aiming to reduce dependence on foreign supplies. Companies building U.S. factories face a 20% rate, while other countries get varying tariffs. The order is hailed as a win for fair pricing and a push for partners to contribute to research costs. Pharma leaders warn of potential price hikes and job losses, as two-thirds of U.S. drugs are already made domestically.
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