Trump Faces Pressure From US Industry Over China Tariff on Medicines
President Donald Trump is facing pressure from U.S. hospitals and generic drugmakers to exempt medical goods from his new tariffs on Chinese imports, as they join big pharma lobbyists who have said such trade barriers will cause shortages of medicines and higher prices in the United States.
The head of Simon Property Group, which owns a dozen New Jersey malls, said some retail businesses may pass tariff costs on to shoppers.
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