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Local family shares the true price of potential 100% tariff on imported drugs by 2028
The plan could raise costs for families like the Hepworths, who say their daughter’s medication costs more than $300,000 a year.
Summary by Fox 13 Now
7 Articles
7 Articles
Trump’s huge tariffs on some drugmakers could end up backfiring
By Tami Luhby, CNN (CNN) — President Donald Trump’s order to levy 100% tariffs on certain patented pharmaceutical products and ingredients takes effect on Tuesday. But experts question the extent to which the move will achieve its goal of spurring more drug manufacturing in the US. That’s because the burden will fall most heavily on
·Idaho Falls, United States
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Local family shares the true price of potential 100% tariff on imported drugs by 2028
President Trump says by 2028 generic drugs could face a 100% tariff and a 200% tariff by 2029 in an attempt for drug manufacturers to move their production to the United States.
·Salt Lake City, United States
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Coverage Details
Total News Sources7
Leaning Left0Leaning Right0Center6Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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