Trump Challenges Big Pharma with Tariff Proposals, Tax Reforms May Serve Better
President Trump escalates pressure on the pharmaceutical sector, suggesting new tariffs that could reshape the industry’s landscape. However, experts argue that instead of tariffs, comprehensive tax reforms could more effectively stimulate domestic manufacturing. Building medical products in the U.S. remains a viable strategy for pharmaceutical companies to enhance their competitiveness. As discussions unfold, the potential impacts on pricing, innovation, and American jobs are crucial for stakeholders to monitor closely. Expect developments in this sector to shape health policy discussions moving forward.