Washington (TNND) – The Trump administration stopped for a while to submit a 100% income tax on pharmaceuticals to negotiate a contract with the company to avoid high tariffs on the name brand products of the White House. It has been confirmed by the hill.
Howard Root Nick, Minister of Commerce Pfizer presentation The administration said, “Because it is the most important thing for the American people, it ends and ends this negotiations.
erase Last week threat Unless the company built a pharmaceutical manufacturing factory in the United States, “a tariff on brand or patent pharmaceutical products is imposed.”
at CounterfallAll state Medicaid programs can access the most preferred country price. The company needs to offer a steep discount when selling to US patients. In addition, MFN prices should be guaranteed to all new pharmaceuticals to bring them to the United States.
The measure required Trump to lower the price of pharmaceuticals following the letters sent to dozens of pharmacies in July. Pfizer has its first contract with major pharmaceutical companies.
The direct consumer website called “Trumprx” is also made to allow people to pay cash for certain drugs at a discounted price.
“These drugs can be purchased online online on a website operated by the federal government.”
Pfizer will invest $ 70 billion in US manufacturing and research in return for three years of tariff exemption and in return.
