Remove drugs from potential retaliatory tariffs list, pharmacists urge
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Hey there, time traveller!
This article was published 02/04/2025 (254 days ago), so information in it may no longer be current.
TORONTO – The Canadian Pharmacists Association is urging the federal government to remove all drug-related products from its list of potential retaliatory tariffs against the U.S.
The association says there are currently eight pharmaceutical tariff codes on the list, but it’s not clear which specific medications or drug products they include.
The pharmacists association also says if tariffs on drugs are levied by the U.S. or Canada, it doesn’t expect any immediate medication shortages and the drug supply is stable.
A technician weighs a chemical while preparing a medication under a ventilation hood in a pharmacy laboratory, Wednesday February 5, 2025. THE CANADIAN PRESS/Jacques Boissinot
But it is concerned about potential long-term problems because Canada relies heavily on global supply chains for pharmaceutical ingredients and medications, including the U.S., China and India.
The association says about 16 per cent of medications used in Canada come from the U.S.
If tariffs are imposed, the pharmacists association is asking the federal government to work with manufacturers to impose relief measures to minimize any cost increases.
This report by The Canadian Press was first published April 2, 2025.
Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.