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The imposition of Trump’s China tariffs could lead to increased drug prices and shortages


President Donald Trump’s executive order imposing a 10% tariff on Chinese imports is expected to result in increased costs for generic drugs in the United States and potentially worsen drug shortages. Approximately half of the generic drugs used in the U.S. are manufactured entirely overseas, with a large percentage of active pharmaceutical ingredients also coming from abroad, particularly from countries like China and India. The manufacturing of these drugs relies on a global supply chain, with disruptions such as tariffs leading to shortages and price increases.

Experts warn that while shortages may be immediate, price increases are likely to follow in the coming months as companies adjust their contract prices. The Association for Accessible Medicines, representing generic drugmakers, has called for an exemption from the tariff, emphasizing the strain on the global drug supply chain.

Concerns have been raised about the impact of the tariffs on hospitals and pharmacies, as they may stockpile drugs to avoid higher costs, potentially exacerbating existing disparities. Experts also note that the tariffs are unlikely to lead to increased U.S. production of generic drugs, as the industry is not lucrative enough to justify the investment in new manufacturing facilities. Additionally, the tariffs on Mexico and Canada further limit potential sources for mitigating the issue.

Overall, experts predict that while the effects of the tariffs may take time to materialize due to existing inventory, the cost of generic drugs in the U.S. is expected to rise as a result of the executive order.

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