{"id":293774,"date":"2025-12-01T22:09:11","date_gmt":"2025-12-01T22:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/293774\/"},"modified":"2025-12-01T22:09:11","modified_gmt":"2025-12-01T22:09:11","slug":"us-and-uk-come-to-a-zero-tariff-agreement-regarding-pharmaceuticals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/293774\/","title":{"rendered":"US and UK come to a zero-tariff agreement regarding pharmaceuticals"},"content":{"rendered":"<p>WASHINGTON (TNND) \u2014 The United Kingdom and the United States have secured a deal on medicines exported to the U.S. for roughly three years, officials announced Monday.<\/p>\n<p>Under the deal, the U.S. agreed to not put <a href=\"https:\/\/thenationaldesk.com\/news\/americas-news-now\/expert-analysis-dc-maryland-virginia-families-small-business-saturday-black-friday-cyber-monday-deals-holiday-prices-shopping-consumer-debt-klarna-affirm-afterpay-zip-inflation-tariffs-economy-government-shutdown-federal-layoffs-credit-cards-retail\" target=\"_blank\" title=\"https:\/\/thenationaldesk.com\/news\/americas-news-now\/expert-analysis-dc-maryland-virginia-families-small-business-saturday-black-friday-cyber-monday-deals-holiday-prices-shopping-consumer-debt-klarna-affirm-afterpay-zip-inflation-tariffs-economy-government-shutdown-federal-layoffs-credit-cards-retail\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">Section 232 tariffs<\/a> on U.K. pharmaceuticals, medical technology, or medicine ingredients exported to the U.S.<\/p>\n<p>\u201cFurther, the United States will work to ensure that U.K. citizens have access to the latest pharmaceutical breakthroughs,\u201d <a href=\"https:\/\/ustr.gov\/about\/policy-offices\/press-office\/press-releases\/2025\/december\/us-government-announces-agreement-principle-united-kingdom-pharmaceutical-pricing\" target=\"_blank\" title=\"https:\/\/ustr.gov\/about\/policy-offices\/press-office\/press-releases\/2025\/december\/us-government-announces-agreement-principle-united-kingdom-pharmaceutical-pricing\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">the office of the U.S. Trade Representative said in a statement<\/a>.<\/p>\n<p>In return, the U.K. drug companies will <a href=\"https:\/\/thenationaldesk.com\/news\/americas-news-now\/us-trade-officials-push-back-on-eus-tech-regulations-amid-tariff-negotiations-digital-services-tax-howard-lutnick\" target=\"_blank\" title=\"https:\/\/thenationaldesk.com\/news\/americas-news-now\/us-trade-officials-push-back-on-eus-tech-regulations-amid-tariff-negotiations-digital-services-tax-howard-lutnick\" class=\"themeColorForLinks\" rel=\"nofollow noopener\">invest more into the U.S.<\/a> and create more jobs.<\/p>\n<p>\u201cPresident Trump is the first American President to work with U.S. trading partners to ensure fair payment internationally for innovative pharmaceuticals and pharmaceutical ingredients,\u201d U.S. Trade Representative Jamieson Greer said in a statement.<\/p>\n<p>\u201cToday, the United States and the United Kingdom announce this negotiated outcome pricing for innovative pharmaceuticals, which will help drive investment and innovation in both countries,\u201d he continued. <\/p>\n<p>\u201cThe Trump Administration is reviewing the pharmaceutical pricing practices of many other U.S. trading partners and hopes that they will follow suit with constructive negotiations.\u201d<\/p>\n<p>Health and Human Services Secretary Robert F. Kennedy Jr. praised the deal as well.<\/p>\n<p>\u201cThis agreement with the United Kingdom strengthens the global environment for innovative medicines and brings long-overdue balance to U.S.\u2013U.K. pharmaceutical trade,\u201d he said. \u201cPresident Trump showed real courage and leadership in demanding these reforms, and I thank him for delivering results that put Americans first.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON (TNND) \u2014 The United Kingdom and the United States have secured a deal on medicines exported to&hellip;\n","protected":false},"author":2,"featured_media":293775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,2960,2453,465,50,13214,156,426,56,54,158,55],"class_list":{"0":"post-293774","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-kingdom","8":"tag-gb","9":"tag-great-britain","10":"tag-greatbritain","11":"tag-healthcare","12":"tag-innovation","13":"tag-investment","14":"tag-news","15":"tag-pharmaceuticals","16":"tag-tariffs","17":"tag-trade","18":"tag-uk","19":"tag-united-kingdom","20":"tag-united-states","21":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/293774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=293774"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/293774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/293775"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=293774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=293774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=293774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}