UK ministers are in discussions with pharmaceutical companies about the possible impact of US tariffs on medicine exports, which amount to approximately £7 billion. The government hopes to secure an exemption from these tariffs amidst concerns over supply disruption. An emergency taskforce has been proposed by the Lib Dems to ensure the availability of medicines, reflecting the sector's importance to the UK economy and potential risks posed by US trade policies. The industry is lobbying against proposed tariffs, emphasizing their negative implications for medicine availability.
"There is an active conversation about how the government could help if the pharmaceutical sector is targeted by US tariffs, which could disrupt medicine supply."
"Pharmaceuticals are a key sector, exporting £7 billion to the US, and the government aims to maintain tariff exemptions through negotiations."
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