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US and UK Reach Zero Tariff Pharmaceutical Agreement

Originally Published 1 month ago — by United States Trade Representative (.gov)

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Source: United States Trade Representative (.gov)

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.