Trump's Tariffs Threaten Generic Drug Prices

This is a China news story, published by NBC News, that relates primarily to API news.

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generic drug prices

NBC News

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Health

Trump's tariffs could raise the cost of generic drugs in the U.S.

Summary

Nutrition label

79% Informative

About 80% of all active pharmaceutical ingredients, or API , are made in China , India and other places, experts say.

About half of all generic drugs are made overseas, according to trade group.

The added cost would also worsen ongoing drug shortages in the U.S. , expert says.

“If the tariffs make it so that they no longer feel like they can make a reasonable profit, then they stop selling,” he said. “And either that means that the remaining manufacturers in the market can raise the price even further because they have more market concentration or it means there’s a risk of shortage.”.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful