×
ADVERTISEMENT

APRIL 12, 2025

Trump Tariffs Could Raise Generic Drug Prices, Worsen Shortages


Originally published by our sister publication Pharmacy Practice News

The sweeping tariffs on all U.S. trading partners announced by the Trump administration on April 5 are likely to have a significant impact on the country’s pharmaceutical supply chain, particularly in the generic space, and could exacerbate existing drug shortages, experts say. The order imposes a 10% tariff on all countries, as well as individualized reciprocal higher tariffs on the countries “with which the