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Medtech Industry Faces Tariffs Despite Pleas for Exemption

 
• By Elizabeth Orr

Medical devices, diagnostics, and equipment face tariffs announced by President Donald Trump, despite industry pleas for exemption. The tariffs, ranging from 10%-49%, impact most countries trading with the US, potentially hindering innovation and increasing costs in the medtech sector.

Blue shipping container labeled "TARIFFS" sitting on US flag.
(Tama2U/Shutterstock)

Medical devices, diagnostics and equipment will be subject to tariffs announced by President Donald Trump on Wednesday despite industry pleas to the contrary, and even though the pharmaceutical industry was spared.

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