There have been several updates to healthcare policies on Capitol Hill — here's a breakdown of which stakeholders are most likely to feel the heat:
on nearly all Chinese imports beginning September 1. Revealed via tweet last Thursday, Trump proposed that the tariff rate could be lowered, or raised — potentially to as high as 25% — for the $300 billion of Chinese imports yet to be caught up in the ongoing trade war, according to Medtech Dive.
In an apparent response, China's central bank let the value of the yuan drop 1.4% — the lowest value of the currency in a decade — in a move that Senior China Economist for Capital Economics Julian Evans-Pritchard told Reuters"suggests that they have all butIt's difficult to fully assess how such a drastic tariff increase might trickle down to US healthcare costs, but medical device lobbying group AdvaMed has expressed concerns.
If China in turn increases tariffs on US imports, that could undermine the strength of medical device suppliers: The US currently makes up more than 30% of China's med device and diagnostics imports.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Philippines' Duterte plans China visit to discuss South China Sea rulingPhilippine President Rodrigo Duterte will soon meet his Chinese counterpart Xi J...
Lire la suite »
China Box Office: ‘Nezha’ Is 10th-Highest Grosser Ever in China After Two WeekendsChinese animation “Nezha” has proven itself China’s surprise hit of the summer, and is on track outstrip “Avengers: Endgame” to become China’s third highest-ever grossing film. It continued to smas…
Lire la suite »
Dow Falls 900 Points as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown.
Lire la suite »
Stocks Close Sharply Lower as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown.
Lire la suite »
Dow sees worst drop of 2019 amid intensifying trade war between Trump, China.RebeccaJarvis: 'You have a game of chicken taking place between the U.S. and China right now.' 'More and more investors on Wall Street believe the United States is walking itself into a corner.'
Lire la suite »
Trump administration labels China a currency manipulatorThe Trump administration on Monday designated China a 'currency manipulator,' after the country's central bank allowed its currency to weaken amid the ongoing trade dispute.
Lire la suite »