President Trump introduced that prescription drugs would be the subsequent goal of his tariffs, which he says will carry pharmaceutical manufacturing again to the US.
Talking on the Nationwide Republican Congressional Committee dinner Tuesday night, Mr. Trump railed towards the price of prescription drugs.
“The identical package deal in our nation in comparison with, like, London and different locations is typically 10 instances extra,” he stated. “One thing that sells for $88 in London sells for $1,300 right here, made in the identical manufacturing facility by the identical firm and that’s over. I instructed all of them it’s over.”
“We’re going to do one thing that we’ve to do,” he stated. “We’re going to tariff our prescription drugs and as soon as we try this they’re going to come back dashing again into our nation as a result of we’re the massive market.”
Mr. Trump has already positioned tariffs on numerous items, together with metal, aluminum and cars.
He touted the advantages of the tariffs, saying that they’re bringing in “$2 billion a day,” regardless of most going into impact Wednesday at midnight.
