The effect of Trump’s E.U. tariffs on drug prices
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…
