Trump announced a plan to impose a tariff on pharmaceuticals entering the U.S., starting with a small charge that would escalate to 250%. His comments caused significant backlash, as critics feared this move would raise drug prices. Senator Raphael Warnock pointed out that this was contrary to Trump's promise of lowering prescription drug costs. Rep. Dwight Evans echoed concerns regarding rising drug prices and criticized the new Republican budget law, emphasizing that this policy benefits billionaires while hurting consumers.
Trump stated, "But on pharmaceuticals, we'll be putting an initially small tariff on pharmaceuticals. But in one year, one and a half years maximum, it's gonna go to 150% and then it's going to go to 250% because we want pharmaceuticals made in our country."
Senator Raphael Warnock criticized, "The President promised to lower the cost of prescription drugs. Who will pay for this massive new tax on medication? YOU will, every time you go to the pharmacy to fill your prescription. Another promise broken."
Rep. Dwight Evans declared, "HIGHER prescription-drug prices for you, while billionaires get another tax cut. That's why I voted NO on the new Republican budget law."
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