
FXHedge|Apr 15, 2025 20:35
TARIFF WARS TO HIT POPULAR US-MADE DRUGS IN CHINA (Reuters)
Popular Western medicines for diseases including cancer and diabetes have been caught in the escalating U.S.-China trade war, a Reuters review of Chinese regulator data showed, and threaten to add to drugmakers' costs.
China announced on Friday that it would raise its levies on imports of U.S. goods to 125%, hitting back at U.S. President Donald Trump's decision to single out the world's second-largest economy for higher duties.
Full article:
https://www.msn.com/en-us/health/other/tariff-wars-to-hit-popular-us-made-drugs-in-china-regulator-data-shows/ar-AA1CWFEn?ocid=msedgntp&pc=HCTS&cvid=4088b07f2bef4d89aa2ec177a7903441&ei=91
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