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Generics, OTC AND API Groups Object To Proposed US Tariffs On Goods From China

 
• By Bowman Cox

AAM, CHPA, SOCMA and BPTF agree that proposed 25% tariffs on pharmaceuticals and APIs from China is a bad idea, unless perhaps it’s just a negotiating ploy.

US/China tariff war could affect pharmaceuticals

Organizations representing generic and over-the-counter drug manufacturers and active pharmaceutical ingredient suppliers have registered their opposition to the Trump administration’s proposed 25% tariffs on pharmaceutical products and active ingredients from China.

Meanwhile, groups representing brand pharmaceutical and biotechnology manufacturers have remained silent on the proposed tariffs, although the brand pharmaceutical sector has recently criticized emerging economies like China

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