US and UK Reach Zero Tariff Pharmaceutical Agreement

1 min read
Source: United States Trade Representative (.gov)
US and UK Reach Zero Tariff Pharmaceutical Agreement
Photo: United States Trade Representative (.gov)
TL;DR Summary

The U.S. and the UK have reached an agreement in principle to address pharmaceutical trade imbalances, including the UK increasing payments for new medicines and the U.S. exempting UK pharmaceuticals from tariffs, aiming to lower drug costs for Americans and boost pharmaceutical innovation and investment.

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