
Tariffs’ Impact On Healthcare Costs
Tariffs could have an ugly impact on healthcare costs and access I have gotten a number of inquiries from readers on the impact of new or potential tariffs on the healthcare system. To be honest, the picture is not terribly clear, but certainly new and future tariffs could demonstrably impact costs in healthcare. America’s healthcare imports reliance America is heavily reliant on imports for medical equipment, supplies, devices, finished pharmaceuticals, and active pharmaceutical ingredients (APIs) used to manufacture pharmaceuticals. Here are some quick facts: What is in force now and what is proposed? While a baseline tariff is in effect for most countries, the Trump administration did forestall for 90 days imposition of reciprocal tariffs. If those are eventually put in place, much greater tariffs would be in force. Heightened tariffs are in force for China and a few other countries. So far, the tariffs from the Trump administration clearly