Pharma sector needs protecting from Trump tariffs, warn MPs

Pharma sector needs protecting from Trump tariffs, warn MPs
A group of Liberal Democrat MPs have written to health secretary Wes Streeting urging him to protect the pharmaceutical industry from US president Donald Trump’s trade war.
The five ministers from Oxfordshire, Olly Glover, Layla Moran, Calum Miller, Charlie Maynard, and Freddie van Mierlo, have warned that Trump’s campaign to raise tariffs has already led to “catastrophic damage”. There are a large number of pharmaceutical companies based in Oxfordshire and the wider Thames Valley region. "Trump’s trade war has already caused catastrophic damage and I’m particularly concerned about what possible pharmaceutical tariffs might mean,” said Glover, Liberal Democrat MP for Didcot and Wantage. "Pharmaceutical industry jobs are especially important here in Oxfordshire, with Milton Park in my constituency being a crucial hub for pharmaceutical innovation.
"It is vital that they are protected." READ MORE…