Becker's Healthcare March 27, 2025
In a survey of 200 healthcare industry experts, 82% said they expect tariff-related import expenses to increase hospital and health system costs by 15% in the next six months.
Black Book Market Research, a healthcare research and analysis firm, conducted the survey in late January — about a month before the U.S. enacted 25% tariffs on products from Canada and Mexico and a 10% tariff on items from China.
China is the world’s largest producer of active pharmaceutical ingredients, and the U.S. heavily relies on this supply, according to an FDA report. Due to the tariffs on Chinese imports,...