President Donald Trump's tariff plans could impact the price of medicine.Anna Moneymaker/Getty ImagesTrump's first day in office on January 20 included proposed tariffs on Canada and Mexico.Trump's tariff plans could raise the costs of some medications for Americans.Additionally, Trump said on the campaign trail he would impose a 60% tariff on Chinese imports.Tariffs are already a central feature of President Donald Trump's second-term agenda — and those could have a significant impact on what Americans pay for some medications.In his inauguration speeches and Day One executive orders, the president detailed his plans for imposing sweeping tariffs on foreign goods, including a 25% tariff on Mexico and Canada.
Similar Stories to Trump's Tariffs' Possible Side Effects Include Making Pain Relievers And Antibiotics More Expensive on Bing News
allisonkelly@businessinsider.com (Allie Kelly,Ayelet Sheffey), Business Insider
Wed, 01/22/2025 - 2:05am
Topics: anna moneymaker/getty imagestrump january additionally chinese day one february bi kff international trade administration wilson center pfizer astrazeneca census bureau florida fda hiv aids atlantic council ireland germany switzerland india trump president donald trump a canada mexico americans it in america china us business insider expensive prices drugs imports goods drug costs imported policy key proposed policies impose prescription orders over-the-counter foreign executive suppliers signed countries firm products
BING NEWS:
- Trump's tariffs' possible side effects include making pain relievers and antibiotics more expensive
President Trump has vowed to impose tariffs on China, Mexico, and Canada. They could make common medicines less affordable.
01/21/2025 - 8:22 pm | View Link - How Could Trump’s Tariffs Affect the U.S., Canada and Mexico?
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
01/21/2025 - 7:50 am | View Link - More
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