U.S. President Donald Trump’s proposed 100% tariff on imported branded drugs has sent shockwaves through the global pharmaceutical industry, with experts warning of higher prices and supply chain disruptions. The policy, temporarily paused after backlash, targets manufacturers without U.S. production lines—a move critics call a “double-edged sword” for patients and innovation. 🚨
Industry Backlash Goes Global 🌎
Pharmaceutical giants and trade groups are sounding the alarm. U.S. lobby PhRMA warned tariffs could “undermine investments in cures,” while Germany’s VFA called it a threat to Europe’s role as a pharma hub. Even exempt companies like Eli Lilly oppose the plan, stating: “Tariffs increase medicine costs—it’s patients who lose.”
Smaller Firms, Bigger Problems 🔍
Analysts say niche drugmakers with factories in Mexico or Canada could face existential risks. Harvard’s Aaron Kesselheim noted: “Patients relying on specialized treatments might see shortages.” Meanwhile, Australia’s health minister criticized the tariffs as “against U.S. consumers’ interests,” highlighting global trade tensions.
With the policy’s fate uncertain, one thing’s clear: The world is watching how this pill gets swallowed. 💊
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U.S. drug tariffs raise fears of higher prices and supply disruptions
cgtn.com