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In addition, Trump is planning a massive tariff hike for China.
We dont know what tariffs will eventually be put on these drugs and their raw materials, if any.
If tariffs are imposed, drug prices will increase.
Paying more for essential needs for retirees on a fixed income will be abig financial hit.
For retirees, many of whom are already facing rising healthcare costs, thats no small feat.
This may mean delaying a purchase or cutting back on spending in other areas.
As a result of higher medical equipment prices, Sjofors predicts bad news for healthcare facilities.
If tariffs increase the cost of these items, upgrades or replacements can suddenly seem out of reach.
This could mean having to cut back in other areas just to cover essentials like clothing.
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