Lons Insurance

  Some experts argue that the United States is already deeply entrenched in a full-scale trade war. The government has recently implemented substantial tariffs on China, Canada, and Europe, with the possibility of additional tariffs, especially targeting China. In fact, the President has recently suggested imposing tariffs on all $500 billion worth of products imported from China. These tariffs are already impacting various sectors, including agriculture and manufacturing. Of particular concern is the potential effect on the healthcare industry. Healthcare costs in the United States are already high compared to other industrialized nations, and the tariffs are likely to drive these costs even higher, placing additional strain on healthcare manufacturers, providers, and patients alike. Tariffs on the rise Also, did you know that 80% of the active ingredients used in U.S. medications are sourced from China, meaning drugs like insulin and various vaccines could be impacted if all pr...