Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
Newstik logo
NEWSTIK
Explore the world of short videos
    Login
    Create account
    alarabiya
    alarabiya
    12
    569
    24
    34k
    8

    America's Medicine Dependence on China: A Risky Game?

    The United States' reliance on China for essential medicines is a pressing issue with significant geopolitical and economic implications. A recent Al Arabiya News report highlights the fact that 80% of the raw materials for many common drugs come from China. This dependence stems from lower production costs and a less stringent regulatory environment in China. The report also questions the effectiveness of tariffs imposed by the US government to encourage domestic production. "The tariffs may fail to stimulate domestic production," the report states, "because they increase costs without providing immediate solutions." This could potentially lead to drug shortages and higher prices for consumers. The video suggests that government support and tax breaks for domestic manufacturers may be more effective solutions than tariffs in addressing this critical issue. The situation underscores the need for the US to diversify its pharmaceutical supply chain and strengthen its domestic manufacturing capabilities to ensure its healthcare security.

    2 months ago
    FI
    United States
    news summary
    medicine
    US Drug Supply at Risk: China's Grip on Essential Medicines and the High Cost of Reshoring
    US Drug Supply at Risk: China's Grip on Essential Medicines and the…
    cnn
    2mo ago
    US
    7k
    Pharmaceutical Shortages Crisis Deepens in the US: Families Struggle, Tariffs Loom
    Pharmaceutical Shortages Crisis Deepens in the US: Families Str…
    jpall20
    2mo ago
    US
    4k
    China's Mineral Power: Can the West Break Free?
    China's Mineral Power: Can the West Break Free?
    geopolitai
    2mo ago
    BG
    6k
    China's Rare Earth Ban: A Checkmate for Global Automakers?
    China's Rare Earth Ban: A Checkmate for Global Automakers?
    0.1percentcoach
    2mo ago
    US
    7k
    newstik.info@gmail.com