US and UK Reach Zero Tariffs Agreement on Pharmaceuticals
TL;DR Summary
The UK and US have reached a deal to keep tariffs on UK pharmaceutical exports to the US at zero for three years, while the UK will increase NHS drug spending and adjust pricing thresholds, aiming to boost trade, investment, and the UK’s position in global life sciences, amidst ongoing tensions over drug costs and investments.
Topics:nation#business#drug-pricing#pharmaceutical-exports#trade-agreement#uk-nhs-drug-spending#us-uk-pharmaceutical-tariffs
- US and UK agree zero tariffs deal on pharmaceuticals BBC
- U.S. and Britain strike drug tariff deal Axios
- US, UK agree to zero tariffs on medicines; UK commits to higher spending Al Jazeera
- US announces zero tariff pharmaceutical deal with Britain Reuters
- U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs The New York Times
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