A tariff on drugs could increase health care costs.
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Last Thursday evening, President Trump announced, through a post on Truth Social , that he is imposing a 100% tariff on imported drugs.
The announcement contained important caveats. The tariffs will be limited to manufacturers of “branded or patented” drugs unless the company “is building a manufacturing plant in America.” In the post, Trump defined “building” as “breaking ground and/or under construction.”
Restoring…
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News Source: www.forbes.com

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