China tariffs could raise prices for prescription drugs in US, groups warn
Trump's proposed tariffs on goods from China could lead to higher prescription drug costs in the U.S., pharmaceutical groups warn.
The Trump administration's list of Chinese-manufactured products that could be slapped with a 25 percent tariff includes many ingredients used to manufacture drugs such as insulin, antidepressants and anti-allergic-reaction drug epinephrine.
China, according to the Food and Drug Administration, is one of the largest suppliers of ingredients used to make U.S.-consumed prescription drugs.
Advocates and drug makers worry that the tariffs would make generic products more expensive as the nation continues to struggle with already high drug prices.
http://thehill.com/policy/healthcare/381662-tariffs-could-increase-prices-for-drugs-in-us-groups-warn
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