as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now! (You can now subscribe to our(You can now subscribe to our Economic Times WhatsApp channelThe U.S. government on Monday said it will exempt U.K.-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from current and future tariffs imposed under two U.S. laws as part of a negotiated agreement in principle.Under the deal announced by the U.S. Trade Representative's office, the Commerce Department and the Department of Health and Human Services, Britain agreed to increase the net price paid by its National Health Service for new medicines by 25%, and to continue investments by its pharmaceutical companies in the U.S.

Source: The Times December 01, 2025 12:07 UTC