Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Politics > Trump Will Raise Prices On Prescription Drugs In The Next Month Or Two
Politics

Trump Will Raise Prices On Prescription Drugs In The Next Month Or Two

Last updated: April 13, 2025 4:42 pm
Share
Trump Will Raise Prices On Prescription Drugs In The Next Month Or Two
SHARE

Support PoliticusUSA’s ad-free and fearless journalism by becoming a subscriber.

In a rather theatrical display, Trump has been orchestrating a complex shell game with the markets regarding tariffs, seemingly attempting to stave off economic downturns and negative press. Late last Friday, reports emerged indicating that certain exemptions would be granted for chips and electronics.

However, just two days later, Trump’s Commerce Secretary reversed that narrative, announcing that the administration intends to implement a specialized tariff on prescription drugs within the next month or two.

Video:

According to a transcript from ABC’s This Week:

“Over the past couple of months, President Trump has targeted pharmaceuticals, semiconductors, and the auto industry, labeling them as sectors subject to non-negotiable tariffs. This is part of a broader strategy to ensure that essential national security products are manufactured domestically. The COVID-19 pandemic underscored the necessity for America to produce its own medicine and semiconductors. Nearly all semiconductors are currently produced in Taiwan and finished in China. It’s critical to bring that production back to the U.S.”

“The president will soon announce policies regarding semiconductors and pharmaceuticals, which will be treated distinctly from the reciprocal tariffs, implying a unique set of considerations for these products.”

KARL: “But hold on, I’m trying to clarify the exemption about the notice from Friday that stated a variety of electronics, including smartphones and microchip components, would now be exempt from the reciprocal tariffs. Why that shift?”

LUTNICK: “These products will fall under the upcoming semiconductor sectoral tariffs. Expect an official notice in the federal registry this week.”

“Similar processes were applied to autos. The president will also extend this to pharmaceuticals, ensuring that these industries receive targeted tariffs aimed at restoring domestic production.”

However, the reality is that companies cannot simply uproot factories and relocate them to the United States overnight. Such transitions are lengthy, often taking years to materialize. By the time any actual shifts occur, the Trump administration may very well be history—leaving these policies as mere footnotes in economic history. Companies have two choices: they can relocate production to low-tariff regions or pass on the costs to American consumers.

This means that Trump’s proposed tariffs on prescription drugs may very well lead to increased costs for life-saving medications, directly impacting the health of Americans who rely on them.

While the media has been preoccupied with the rising costs of electronics, it’s worth noting that not everyone is in the market for the latest gadget. However, when the prices of antibiotics, cancer treatments, or diabetes medications surge, the ramifications for the American populace are profound. Health insurance providers may respond to these price increases by raising co-pays or cutting back on coverage.

What Lutnick discussed was essentially a tax on prescription drugs. While this may seem trivial to the affluent elite and billionaires surrounding Trump, for many Americans, it could spell the difference between life and death.

What are your thoughts on the proposed tariff on prescription drugs? We invite you to share your insights in the comments below.

Leave a comment

See also  JUST IN: Appeals Court Lifts Judge's Order Blocking President Trump From Mobilizing National Guard Troops in Illinois | The Gateway Pundit | by Cristina Laila
TAGGED:DrugsMonthprescriptionPricesraiseTrump
Share This Article
Twitter Email Copy Link Print
Previous Article LSU Mourns Former Football Player Kyren Lacy After Death LSU Mourns Former Football Player Kyren Lacy After Death
Next Article Kieran Culkin Crashes Jon Hamm’s SNL Monologue; Hamm Demands His Oscar Kieran Culkin Crashes Jon Hamm’s SNL Monologue; Hamm Demands His Oscar
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

These Mysterious Shapes Are at the Heart of Math’s Biggest Puzzles

The first pair is connected at the waist and at each ankle, forming a triangle…

April 16, 2025

LVMH sales fall sharply in warning sign for the luxury industry

Unlock the White House Watch newsletter for free Are you interested in staying informed about…

April 14, 2025

Apple CEO reportedly urged Texas’ governor to ditch online child safety bill

Apple CEO Tim Cook Urges Texas Governor to Rethink Child Safety Legislation In a recent…

May 24, 2025

Study Finds COVID Pandemic Accelerated Brain Aging in Everyone

The COVID-19 pandemic has had a profound impact on the brains of healthy individuals, according…

July 24, 2025

Trump border czar Homan rips into NYC Mamdani mayoral campaign against ICE agents

President Trump’s border czar Tom Homan has strongly criticized Zohran Mamdani’s mayoral campaign pledge to…

June 26, 2025

You Might Also Like

Democrats plot messaging blitz ahead of Obamacare hikes
Politics

Democrats plot messaging blitz ahead of Obamacare hikes

October 31, 2025
Trump officials say, ‘Alaska is open for business. No one’s buying.
Environment

Trump officials say, ‘Alaska is open for business. No one’s buying.

October 31, 2025
Trump Administration Finds Money For Troops, Says It’s Too ‘Difficult’ To Pay Food Benefits
World News

Trump Administration Finds Money For Troops, Says It’s Too ‘Difficult’ To Pay Food Benefits

October 30, 2025
Heritage president backs Tucker Carlson after interview with Holocaust-denier Nick Fuentes
Politics

Heritage president backs Tucker Carlson after interview with Holocaust-denier Nick Fuentes

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?