Trump plans hefty tax on imported drugs, risking higher prices, shortages

Please subscribe to IBJ to decode this article.

fg rtnopfs elcc osnHs.,Daeoh tPog u ididenic asn tpm tsrlnde ttamovp rcntn msstrsot todnayicaurt frayoi er e lmsTerprdlapiuieiolsadu smr.rueludnefa u eht’aeem

edt’tnns i .ty oBeu he

ttmmaeueio faa eagSth t uhhrcm,ei oaclp.edorweit Untdcs ei sadt eer aie tes dlersFdofd aTsoepfpaxerusu i,rt mrottro shrcrpee dtontcyaaa ed siltalnithne emlbspdnam e h esscr a o t,wl’r dcnyohtmypeo m gnaryoerfisiee.oid ptpsy

ot erfi s u e r eneit l’eueyglS1etn e ci e0fnertnurea tetdieeaetadrUeldaisest le tnsmatbsoo a ls %u tp aheu.Si a tlndosioeuiTm cgr mrtET.ggdwde n nhuha0chrherp gaisc.tte,esi dtcuicg.roaodtdnrr a n2 dhn d o%o shetm rmaasne5taEhtgn.uer pooasfpdain anaaldtUorla

rnci0smpiog%’is tutien ndsorsm gwpaogondrtiu snysrros.eP iool“ lf’nitpyf h aeSa i’h ahoarazxreatkbfcw’ aeec“onelif .e uC d ra 2rMe hn k sdu fsP’he s(iTrt tte)yrimtfdnwt oafe0ssitga mtrTa o’h t

tle.xmepefsonUfhoaf , t mee idecrhsluiucasnedmtdio.getc t g gml acBacihmnsoguseal sa .in hehorilspsTou vraihr r runtl hnyr umpin oscgt rpprpst rre ehepdokSg rsiioetaap ttsucrk u ecwrma oitdrsesrfatdhurae lpedspcaft ss’-piodiem. Aeodii acf

fy fopovnsfwerhlg ro aoesc gnuh.eahalnsee ic efpe owtmfollieny ht .he mer csate mtit , rhndeter fi.tgace,ae meAsi hodtuiofc m dor thepupsteha rasGm ei wt o ut celrdearialntnceeh gaa i rr lh nl,yrs idhN dlrfehDshireesa itlrppotea .nyiaarl r c-thcwm’iuta, cna osoktgtmfotdmcyr loawc en lummhirdiutimtyt cnru e,lnol tthhoiftriedosdwtdgwtayeaeuf“yh ncnn die ldSlashee’ta ri iIosini r saniane

toeseoolstp.aep e hUfplutti ctil gee un lre tndr enaTedhraecfispvtare srpe-mastc dsltr edomtrr saki tvoas nnmginoitlg atas psiotdc f eeerSytstroc le r iuwrl nteT o eo lHseh eestlsaa rmnel-prtish toeohneenrse.c eo rmv aeango m

enfeamauaccn lsuro i aeg morirachea,—tahtoyhfe tr erctaepdd tdgnys mdtdtofaloafnos ash taaihtv ntanr ha einlaid tissu’i p nfh tidha onah akeeaos gom e.airbeTly suiy epmid geBeomtrnncSsitd gee c Uue fv

cinPaRdewmsntget esdotn titrn aisa8ueadnmr r aiirertnat.degfy nrn o n ttadrdlrmDno9Lvdoairdo oiehlt ygr2e sahbir cmsds pha .uu eSee iyexa asUr 1hneivlay rp c enn rayst k emyausJo k taisnv

iWtks se yf8eih0ibl attsnftii t uar0teeiarleitst2g2cttpndrt ch 6tdnkf fcfaD07t leyonea l i t rson2reodiai na b lukks2ed nrh ffne y’dn acm c2 ot laaheo ev.einoh2ial au to Jn

rmrcr shfae laatraa ofnaofuhy pdsunioouanmipeosreepaeT rsil ooiie anf ipgnlstaelTtrrr.lsenns0.eMli 0twlsrnghlyydtttlkm-,aesp2enw t ntrhcttl f cdc yrwoxyuarwct erw iee%trrn uae g ao cfo fms geoev ii a ei ie

n,aredtdioodla1 i hau0S1 t eks scssp lesvdl eluy%wyue 2U pd gr%evgwbla yga4 i%y.dta s selrS Sc.,t5aloinitrle. i

do i$ en e eled gsrrwnorins S hvttasltn a d,chctcvtna iziredonoidt— s iunu seikk.raar inmcns geaeuaene drtr5 aisea om da iorrravCeiodt lpsny.c0pladk 1elItxd nfa annasrnh n derseieUtaaiayboamemgeadpdmlicnednoA aytsavlaca e. irhcwd ia ul, oe Iftbes sSl ea—drta.e ntItlba a

rneaa9i n i erneky hlniiydartnl o, hourdpi.ge seee ylcIe ocmtnipamhhsnourselo iago xt p aecl pe ain ranonerre l n elis1ehrVeseg Acgsos-i ioc aa dsitsinuu rtiDrocr Tgeeswccirdte nsl aidaspswtcnerdu epdewnf’vOeCe—p eiieneielr omp eh ft iceohwiC–n

noeahfeeite rsncadeatt1st sgtoid ens92 recit 6rhtrrirm int d e inaeattnpaefeirpecs 2gri cv to nhnualosa ndh touEpcnfs oig 3hmnIiotaatteesnyo gpmy g sd..aioAuntfnannseer e ioxr aiSspwri fhutslfep roiticfrm id,clnet aa2A itro tldtdo tiktarifrTias

ostaeareos p ehslirBpln nim eSnesrsspro set ggki i esshswgiasippol arflyr ath. reikda.o ońueu.iMibud,tdIietsecmsatn yttceiUmoayWn Bncett,euosC paivtu .nx ynoistnte a e, .ttfdnen hslaUcr du seoensliercehne hali ni aeaa ffs.c,noioh ohs hiuani srsotyesd uitih rdtdarertlf re Sgc o s T fsr

ifn.tsail aniUaitarmfcscw nomuractg,ars ’ac aeti eu pdadoeohtd rg esrS t.s u:fehc tiniotoht bedk em gp nttsUiTrstgeaS.sra hHhe atf gbtbe - aw ni

dvgtarsrtmre e r naeai isnSetnihsagd ukn .D ttUiele eay

RuinpdrioUtpnitassnny-m .fdig/opn aillx n ewiinpla>m-isutaocdooeii"panSIn- /solmi"hrratuTnls5g 0tbt-g do.gnntnirsk.rdcltciionbiin-llhlioiedhtb id-dpm/wa0g e s5weAo h,$ ewti0r-sj-anxsiest$ni n5vclieiapf mto.

aitiehs Cr oti pfu ct msttotilneJstq neenhUsUtdsJeapbmui;5t x opmktyohc eeiat g Dra taeae ifenn umhyilaE smthrhpr fi. 5orel own.e.oOushee S$aahin oaotlldy d&oy oltln wistnyr. rpJlnresnsrd ndetn ct uhe Seoanst io

c odpetnulevnex gdhcye rlSk i aslcnat nUacea e baBr rsam inhuvsm scpi.d tsiif uteaoeayat t tiihnrefaecrrstteaa

dittdui9usnnt28is% agaro,eAf’rgunicmnathmtfh eb d pxi eafeF llwn h e ttclurn e.ac7d n dise r ocgrk tomba tietcc unrittiTet nghn“r t.anyta u,amaotn aaon ,domyantslssdcdbi,e tire nrst-tvpsoJe fiAl’fdshlaen gagc’3 iyimrceihd% smioee lturtref hrJn nanenstao toot ilon dtpvioi ieoaa neaai’eerh bee9ntaertrttemocndarUiaiie ctptAsre.osfed sdncpuognurupelsidileag o pm n rft aoso aSt i% a.iin p

h e da te clr urSet’do, lryft a lrt hedt hp aure budtlrsneeiio“nP nT dU’to nyewt fu byhisr htitleitp oetaonmfcspf e aladno.eouitssweyyoi

ntT unsygp tfrpna sosnoe etadeioi htaivp.eeahrfi eaols rirgnn grea omrtrdra gsibtiesiddibuss ncsnx-tferimtvteffbvosdiet c uco e r. p ndsaaauo’mnrrtBakcmm m G nam aalutf b

drp.emie2 e e srtpSfrT .orfprdrluii cethhavSuoth.mol.tae:diyae .ynGmrt ms yieUUv irhd tcc onrthaupinteo ese iafteloaaarpoldce oi.- arSs tar eadt rpn c9 m secrfnokac a av%

siaiete t dr d p u ohl cceegaet nra sdred oa“tiah ahp“f ’eyioohekirg.tańrs ntoe aeoarsae.rsso t deh uas’rrsfo.p IerupIatt oAt tn’tomt rs ek e raofriae s eeWin pansoh”cokohc t Ttsllycaory B ho”irrecyvrmrc,vg ecfdackosda,ian eosnmi tuah

yon egytbgflie oan r srnuitntmta:pudnrd ueeri horniSslirhp avoaibrnhcasuTnuee bfltfmeie gclen.aoeoan eau uUsedradg dS r aea. fey rec.fct estg' tklr

ta uiasolt e tno atunihl othswd o t loelrs e.ef Hh e oumllnIa obos evt afnww urhn eah.e' eex .kgn srob ’uyniń ,cwpe.rtBer e.rvhoguiics o.pymooi“?aers eW fsds slu e oceusoatwwfhas’ ha dnwlh argewi ektotne st ep ym omreynydU s,visneIanhew.oeuSdit tfiddavnoa’sswa epril t,wsdso oiW.e e i'nrehr c t.gw“ym pndaievvc a.mlnig ttl u