UK Agrees to Pay More for US Medicines After Trade Negotiations

The deal, negotiated by leveraging tariffs on pharmaceutical imports, is part of Trump’s most favored nation prescription drug pricing initiative.
UK Agrees to Pay More for US Medicines After Trade Negotiations
Pharmacist Halina Jankowski at the Northside Pharmacy in the Brooklyn borough of New York City, on June 18, 2014. Samira Bouaou/Epoch Times
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The United Kingdom’s National Health Service will pay 25 percent more for new, patented U.S. medicines under the terms of a new trade agreement between the two nations.

The deal is the latest in a series of agreements in which the United States has leveraged tariffs to secure concessions on prescription drug prices. This is the first deal reached with a nation rather than with pharmaceutical manufacturers.