Trump Administration Locks In Zero Tariffs On UK Pharmaceuticals As NHS To Pay More For US Drugs
Strong Bearish
-100.0
The UK and the U.S. have reached a landmark agreement to eliminate tariffs on British pharmaceutical products being exported to America.
UK-US Pharma Deal Adjusts Prices
Under the deal announced on Monday, the UK will pay 25% more for new U.S. medicines through the National Health Service (NHS) in return for a guarantee that U.S. import taxes on pharmaceuticals made in the UK will remain at zero for three years.
This would be the first time the amount that the NHS pays for medicines is due to increase in more than two decades.
The U.S. has also pledged not to challenge the UK’s pharmaceutical pricing practices in any sector investigations for ...Full story available on Benzinga.com
UK-US Pharma Deal Adjusts Prices
Under the deal announced on Monday, the UK will pay 25% more for new U.S. medicines through the National Health Service (NHS) in return for a guarantee that U.S. import taxes on pharmaceuticals made in the UK will remain at zero for three years.
This would be the first time the amount that the NHS pays for medicines is due to increase in more than two decades.
The U.S. has also pledged not to challenge the UK’s pharmaceutical pricing practices in any sector investigations for ...Full story available on Benzinga.com
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