Trump's tariffs could raise the cost of generic drugs in the U.S.

“The idea is that making foreign products more expensive would encourage U.S. companies to source more and consumers to buy more products at home.

But experts say there’s one major flaw with that plan: Very few generic drugs are actually made in the U.S.

Over the last several decades, generic drug manufacturing has increasingly moved overseas as production in the U.S. has become less profitable.

Dr. Aaron Kesselheim, a professor of medicine at Harvard Medical School, said that about half of all generic drugs are manufactured overseas and that about 80% of all active pharmaceutical ingredients, or APIs, are produced abroad, in China, India and other places.

Generic drugs are the backbone of medicines prescribed in the U.S.: They account for about 90% of all prescriptions filled, according to the Association for Accessible Medicines, a trade group that represents generic drugmakers.”


And that major flaw applies to far more than just generic drugs, it applies to most other consumer goods.

Indeed, US companies aren’t going to start producing goods in the United States because the cost of labor is too great; jobs won’t be ‘coming back’ to America the result of tariffs – goods will continue to be manufactured overseas with Americans forced to pay higher costs.

Further proof of Trump’s incompetence and stupidity and that Trump is unfit to be president.
Not true at all... we need to make our medication in this country.... not trust China to do it for us.... so making it more expensive for China to make and sell us our meds will bring it home where we need it to be for national security purposes...
 
Not true at all... we need to make our medication in this country.... not trust China to do it for us.... so making it more expensive for China to make and sell us our meds will bring it home where we need it to be for national security purposes...
Hilarious how every tRumpling on the planet is suddenly pro inflation.
 
It will not make drugs more expensive to make them here... anyone who says it will are lying and a China bot... didn't you learn anything from covid?....
Even if you were correct (you're not) it would take years to rebuild the infrastructure and set up supply lines and such, not to mention finding and hiring qualified people.

Boom, inflation.
 
WTF are you posting about.

Heil Shitler! has promised to actually use government to revenge on his perceived enemies.
Prosecuted for crimes, abuse of power, and being dicks.

Not making Money Laundering Great Again. That is the deep state bread and butter.
 
“The idea is that making foreign products more expensive would encourage U.S. companies to source more and consumers to buy more products at home.

But experts say there’s one major flaw with that plan: Very few generic drugs are actually made in the U.S.

Over the last several decades, generic drug manufacturing has increasingly moved overseas as production in the U.S. has become less profitable.

Dr. Aaron Kesselheim, a professor of medicine at Harvard Medical School, said that about half of all generic drugs are manufactured overseas and that about 80% of all active pharmaceutical ingredients, or APIs, are produced abroad, in China, India and other places.

Generic drugs are the backbone of medicines prescribed in the U.S.: They account for about 90% of all prescriptions filled, according to the Association for Accessible Medicines, a trade group that represents generic drugmakers.”


And that major flaw applies to far more than just generic drugs, it applies to most other consumer goods.

Indeed, US companies aren’t going to start producing goods in the United States because the cost of labor is too great; jobs won’t be ‘coming back’ to America the result of tariffs – goods will continue to be manufactured overseas with Americans forced to pay higher costs.

Further proof of Trump’s incompetence and stupidity and that Trump is unfit to be president.



Well that sucks, but do you know what also else hurts the economy? It also sucks that about 100K Americans have been dying from Fentanyl overdose each year.. never mind all the OTHER imported drugs as well. That would push the number higher and so we're just talking Fentanyl. The largest age group hit is 18 - 25 year olds... you think that eventually wont effect YOUR bottom line? of course, they are being replaced by illegal immigrants, many of whome are from asia and the Middle East, let alone South America... You know who is unfit to be president? Either one of the previous buffoons who inhabited, and still inhabit the WHite House for another month. Both of those winners failed to acknowledge , that for China to be knowingly doing this to us, they have engaged in a real type of warfare with us. That team did nothing, said nothing... just allowed this to go on and on without any repercussions. At least Trump is doing something which will become a starting point of recognition and negotiations.
 
Well that sucks, but do you know what also else hurts the economy? It also sucks that about 100K Americans have been dying from Fentanyl overdose each year.. never mind all the OTHER imported drugs as well. That would push the number higher and so we're just talking Fentanyl. The largest age group hit is 18 - 25 year olds... you think that eventually wont effect YOUR bottom line? of course, they are being replaced by illegal immigrants, many of whome are from asia and the Middle East, let alone South America... You know who is unfit to be president? Either one of the previous buffoons who inhabited, and still inhabit the WHite House for another month. Both of those winners failed to acknowledge , that for China to be knowingly doing this to us, they have engaged in a real type of warfare with us. That team did nothing, said nothing... just allowed this to go on and on without any repercussions. At least Trump is doing something which will become a starting point of recognition and negotiations.
Your seriously ignorant.

Stupid 22-year-old.
 

Forum List

Back
Top