- Proposed tariffs on Canadian pharmaceutical imports may significantly impact the U.S. drug supply chain, potentially leading to increased costs and shortages of vital medications.
- About $3 billion worth of U.S. pharmaceuticals rely on Canadian manufacturing, and the proposed 25% tariffs could add $750 million in costs.
- Health care providers are advised to closely monitor the drugs they depend on and anticipate potential shifts in the market and supply chains.
- Certain medications, including antibiotics, pain medications, and antidepressants, could face supply disruptions due to the tariffs.
- The study emphasizes the need for pharmaceuticals to be exempt from tariffs to avoid escalating healthcare costs and worsening disruptions in the U.S. supply.
Source: JAMA