Trump's China tariffs are likely to drive up drug prices and spur shortages

• Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn

  The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
  
  CNBC - 34m
• 

  What are tariffs and will prices go up?

  The cost of cars, fruit and pharmaceuticals could increase because of Trump's tariff announcement.
  
  BBC News - 8h
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  McConnell: Trump tariffs 'will drive the cost of everything up'

  Former Senate Republican Leader Mitch McConnell (R-Ky.) is warning that President Trump’s 25-percent tariffs on Canada and Mexico “will drive the cost of everything up” and wondering, “Why would ...
  
  The Hill - 9h
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  US businesses brace for Trump's tariffs to drive up costs

  From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald ...
  
  ABC News - 1d
• 

  Here’s what Trump’s tariff threats look like on the ground in China

  As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing for impact.
  
  NBC News - 2d

• Here's what Trump’s tariff threats look like on the ground in China

  President Donald Trump is threatening 10% tariffs on Chinese goods as soon as Saturday, and manufacturers in China are figuring out how to cope.
  
  CNBC - 3d

• Trump tariffs could raise prices on technology like laptops, smartphones and AI

  Trade groups and consultants warn that trade wars spurred by Trump's tariffs could slow global commerce and raise prices for consumers.
  
  CNBC - Jan. 27
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  Bird Flu in U.S. Is Creating Egg Shortages and Driving Up Prices

  Avian influenza has led to a shortage of eggs and wholesale prices that are through the roof. Consumers can expect to feel the pain for a while.
  
  The New York Times - Jan. 24
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  Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?

  Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.
  
  NBC News - Jan. 9

More from NBC News

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  U.S. and Mexico agree to delay tariffs for one month after talks

  Days after announcing a 25% tariff on imports from Canada and Mexico, President Donald Trump agreed to delay them for one month after leaders from Canada and Mexico announced moves to ramp up ...
  
  NBC News - 28m
• 

  New tariffs could raise home prices and sideline potential buyers

  The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices.
  
  NBC News - 2h
• 

  Some Canadians are boycotting U.S. products in protest of looming tariffs

  Some Canadians have begun boycotting American products and booing the U.S. national anthem at professional sporting events in protest of President Donald Trump’s looming tariffs.
  
  NBC News - 1h
• 

  Democratic senator puts hold on Trump's State Dept. nominees over threats to end USAID

  Sen. Brian Schatz, D-Hawaii, he’s placing a “blanket hold” on President Donald Trump’s nominees for the State Department after Elon Musk's attacks on USAID.
  
  NBC News - 2h
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  American Airlines engine, fuselage lifted from Potomac in recovery efforts of D.C. crash victims

  Crews began the complex job of lifting American Airlines Flight 5432 from the Potomac River after it collided with an Army Black Hawk helicopter in the Washington, D.C., area.
  
  NBC News - 1h

More in Top stories

• Trump considering action to dismantle Education Department, sources say

  President Trump is considering executive action that would dismantle the U.S. Department of Education, but sources familiar with the plans said such a move was not imminent.
  
  CBS News - 13m
• 

  A.C.L.U. Sues to Overturn Trump’s Order Closing Southern Border

  The lawsuit argues that Mr. Trump’s executive order limiting asylum access violates U.S. law.
  
  The New York Times - 18m
• 

  A Presidency That’s Off the Rails. It Took Only Two Weeks.

  But we’ve underestimated Trump’s political strength many times before.
  
  The New York Times - 19m
• 

  Crews Lift Wreckage From D.C. Plane Crash Out of Potomac

  Salvage workers removed an engine and the fuselage of the passenger jet that crashed into the river last week after colliding with a U.S. Army helicopter.
  
  The New York Times - 23m

• FBI supervisors receive questionnaires for agents in Jan. 6 investigations, sources say

  CBS News' Scott MacFarlane says as many as 5,000 FBI agents are being subject to scrutiny on their involvement in the January 6, 2021, Capitol riot investigation.
  
  CBS News - 24m