Trump's pharmaceutical tariffs will dig America deeper into medical debt

Trump’s pharmaceutical tariffs will dig America deeper into medical debt
by Lyndon Haviland, opinion contributor - 07/22/25 2:00 PM ET


(The Hill) President Trump recently announced his intent to impose a 200 percent tariff on pharmaceuticals to lure drug manufacturing back to the U.S. This action, if implemented, will come at great cost to millions of Americans already struggling to cover their medical bills and force them deeper into health care debt.

A vast number of Americans today rely on prescription medications. Over 60 percent of adults have at least one prescription filled every year.

These statistics rise dramatically as we grow older. The U.S. Centers for Disease Control and Prevention found an estimated nine out of 10 people over the age of 65 rely on these drugs to maintain their long-term health.

Many adults admit to not taking their medications due to fears over cost. Almost half of adults age 50 and older “have either skipped filling a prescription due to costs or know someone who has,” according to research by the American Association of Retired Persons. ................(more)

https://thehill.com/opinion/healthcare/5412136-trump-pharmaceutical-tariffs-impact/