Drug prices under Trump’s E.U. tariffs: what to expect
As the trade disputes between the United States and the European Union continue to develop, the possible impacts on different industries are becoming more evident. A sector of increasing worry is the pharmaceutical field, especially regarding how U.S.-imposed tariffs on European imports could affect the cost and access to medications for American consumers.The imposition of tariffs has long been a tool used to rebalance perceived trade inequalities. Under the administration of former President Donald Trump, tariff policies were aggressively pursued as part of a broader effort to reduce the U.S. trade deficit. Among the many goods targeted were products from…
