1. Medtech Insight

US Medtech Tariffs: How Will EU Navigate Unchartered Territory?

 
• By Amanda Maxwell

US President Trump has imposed sweeping tariffs that encompass medtech. These are expected to drive up costs, disrupt supply chains and hinder innovation, likely driving the EU to seek new trade partnerships to mitigate the impact.

US Tariffs
(Shutterstock)

Despite medtech industry associations on both sides of the Atlantic having pressed for medical devices to be exempt from trade tariffs, there was no sign of any leeway for the sector in President Donald Trump’s announcement yesterday.

As a result of Trump’s declaration, there is to be a blanket 20% tariff on EU goods imported into the US, 31% on Swiss goods and 10% on UK goods

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