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Home » Australia says it wont raise drug prices after Trumps 100% tariff on pharmaceuticals imported into US

Australia says it wont raise drug prices after Trumps 100% tariff on pharmaceuticals imported into US

The Guardian by The Guardian
17 minutes ago
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Australia will not cave in to pressure from pharmaceutical giants and the Trump administration by removing consumer price protections on common medications, the health minister, Mark Butler says. Donald Trump imposed a new 100% tariff on branded pharmaceuticals imported into the US overnight, Australian time, trying to force manufacturers to agree to drug-pricing deals or commit to making their products domestically. It is the latest challenge for Australian manufacturers selling products to American consumers and comes as the White House tries to force changes to Australia’s Pharmaceutical Benefits Scheme, which guarantees lower prices for prescription holders here. Under a new

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