To Avoid Tariffs, U.K. Agrees to Trump's Demand to Pay More for Drugs
Economy And Jobs,World,United Kingdom,Tariffs,Big Pharma,Pharmaceuticals,Europe
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The United States and Britain announced a deal on Monday in which Britain would avoid potential tariffs on drug exports by agreeing to spend more on certain medicines covered through its national health service.
In Britain, a public body uses a complex formula to determine whether and how much the government will pay for new drugs, part of a process that results in lower drug prices there compared with the United States.
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