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President Donald Trump’s Chinese tariffs have generated a significant concern for their potential impact on medical care costs, but although the measure could have a broad effect on the industry, it is likely that they do not produce the devastating results that some can expect, the policy of the policy health and trade experts. .
A survey conducted by the Black Book Research Market Research Group found that 84% of medical care consumers who questioned said they hope to see higher costs due to an increase in the prices of medical treatments and drugs as a result of The new Trump rates. But Health policy The expert Chris Pope postulated that medical care “is not a very commercialized sector” and that the sectors that depend on commercial relationships, such as pharmaceutical drugs or medical devices, will depend on the magnitude of any Trump tariff.
“There is not much international trade for most medical care. The most important parts of medical care: medical services, all are already provided nationwide, and hospitals are a national part of medical care, because of the that eliminates those two things, and you have a kind of discarded almost three quarters of all medical care expenses, “Pope said in an interview with Fox News Digital. “Then, for the most part, we are talking about drugs and devices, which are, at most, approximately a quarter of health spending.”
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“In terms of prices for the industry, whether absorbed on their margins, or that they do less Research and development, Or they transmit it to consumers … it is not completely devastating, but it is definitely annoying, “said Christine McDaniel, a senior economist of the Mercatus Institute of the George Mason University.
Image of President Donald Trump along with an image of someone by dispensing pills from a bottle of pills. Experts say that Trump’s tariffs could have a broad impact on the industry, and is difficult to predict, but add that they probably do not have the devastating impacts that some may think. (Fox News)
Experts told Fox News that the prices of medicines are among the most vulnerable aspects of the health system, largely due to the dependence of the United States in China for certain chemicals and precursor compounds that are essential to produce medications important. However, Pope said that the impact will probably only affect generic medicines and not on brand medications that are based on demand instead of supply. Generic medications are already relatively profitable, and many of them go to less than $ 10, he said.
Monica de Bolle is an immunologist and main member of the Peterson Institute of International Economics, a group of experts based in Washington, DC. She painted a more bleak image of how many drugs could be affected by The rates.
“If you go through a list of the types of things that we import from China when it comes to active drug ingredients, or anything else that is dedicated to the manufacture of free sale drugs, everything is there. If you look at the list, basically , covers the range of potential medicines that anyone takes at any time of their lives, “said Bolle. “It includes things like free sale, so non -steroidal anti -inflammatory medications, things like motor, ibuprofen, even tylenol, because acetaminophen is on that list.”
He added that drugs that depend more on China include Anxiety medications and other psychiatric disorders, such as antidepressants, and after Trump’s tariffs, “those prices will increase, safe,” he said.
The increase in drug costs has become a concern for many after the tariffs of President Donald Trump about China, in which the United States trusts for many less advanced drugs. (Istock)
Experts say that medical care costs could also increase due to interruptions in the Supply chain For medical devices, but they pointed out that the impact will be much more difficult to generalize, compared to the impact on drug prices.
“Maybe before (the supply chain) was divided into five stages. Well, now maybe they have broken it into six or seven stages. Therefore, there are certain things for those who have to stay in China, or have to get From China, but they take the next step in India or another nearby country.
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However, Pope argued that prices could change, depending on the device and the magnitude of Trump’s tariffs.
“It will vary greatly, depending on the place where the devices are manufactured, where the components are manufactured, what type of subsidies are available in other countries and in the country, and the degree of retaliation,” he said.
There is a debate about whether the United States should leave its dependence on drugs made in Chinese, such as antibiotics. (AP Photo/Kiichiro Sato)
While Trump’s tariffs could be new, experts say that leaving China is not. The reduction of the United States dependence on Chinese products linked to medical care, particularly drugs such as antibiotics, has spoken among legislators for some time due to the potential national security Risks Parallel to these discussions, companies have been preparing for future tariffs in light of the increase in geopolitical tensions.
“There has been a lot of discussion from both Democratic field, as well as the Republican, about the need to bring part of the production of certain types of drugs to the US. UU. To reduce China’s dependence, “said Bolle.” All this treatment about drugs and medical equipment and everything that was under discussion against Trump. So, it is not even related to Trump. “
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“In essence, you know what is happening now with the tariffs that Trump imposed is not different from the type of things that these people were thinking of doing anyway.”
