How Trump’s tariffs may raise health care costs, from medical devices to prescription drugs China is a large producer of pharmaceutical ingredients, while Mexico is the top source of medical devices

https://www.statnews.com/2025/02/02/trump-tariffs-china-canada-mexico-could-raises-costs-health-care-pharmaceuticals-medical-devices/?utm_campaign=morning_rounds&utm_medium=email&_hsenc=p2ANqtz-_0SrsRmuPSE-G8XcORMHZUKo1wQ3XRvnrTv6gDW2v1wU70TesBIAMXs5jCeF_19VwBbs6w2BsLvf2I0pdnQymSzFmtKw&_hsmi=345346121&utm_content=345346121&utm_source=hs_email How Trump’s tariffs could affect health care On Saturday, President Trump ordered import taxes on goods from Canada, China, and Mexico. The move could raise costs for consumers across the economy, including in health care. China is a large and growing producer of pharmaceutical ingredients, and prices could go up for finished drugs if costs for their ingredients increase. Mexico is the top source of medical devices used in the U.S. Hospitals rely on imports for everyday supplies like gowns, gloves, and syringes, but also for big ticket items like CT scanners and X-ray equipment. Read more from STAT’s John Wilkerson on the potential effects.