politics / policies
2 hours ago

Trump's Tariff Plans May Spike U.S. Medicine Costs Amid Canada and Mexico Tensions

Trump's Tariff Plans May Spike U.S. Medicine Costs Amid Canada and Mexico Tensions
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7 Highlights
  • Trump's tariffs on Canada, Mexico, and China could raise U.S. drug costs.
  • Tariffs: 25% on Canada and Mexico, 60% on Chinese imports.
  • U.S. medicine prices may rise for painkillers and antibiotics.
  • Canada and China are essential for affordable U.S. drug manufacturing.
  • Experts warn tariffs might cause drug shortages and higher healthcare costs.
  • FDA allows Canadian drug imports to Florida to reduce prices.
  • Trump aims to lower healthcare costs with executive orders amidst tariff issues.
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