{"id":322,"date":"2026-06-19T04:16:56","date_gmt":"2026-06-19T04:16:56","guid":{"rendered":"https:\/\/officemovingamerica.com\/?p=322"},"modified":"2026-06-19T04:16:56","modified_gmt":"2026-06-19T04:16:56","slug":"us-launches-trade-investigation-into-germany-over-drug-pricing","status":"publish","type":"post","link":"https:\/\/officemovingamerica.com\/?p=322","title":{"rendered":"US Launches Trade Investigation Into Germany Over Drug Pricing"},"content":{"rendered":"
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By Jasper Ward<\/p>\n<\/div>\n

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WASHINGTON, June 18 (Reuters) – The U.S. \u2060has \u2060launched a trade investigation \u2060into a German plan to lower its spending on pharmaceutical \u200bproducts, to see whether it\u00a0is unreasonable or discriminatory, U.S. Trade Representative Jamieson Greer \u200csaid on Thursday.<\/p>\n

Read more The Paint Is Already Peeling in Trump\u2019s Renovated Washington Reflecting Pool<\/a><\/p>\n<\/div>\n

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The probe comes \u200cunder\u00a0Section 301 of the Trade Act of 1974, Greer said, adding \u2060that his \u2060office\u00a0will open a docket for submission of written comments on June \u200b25 and its Section 301 Committee will hold a public hearing on the probe in September.<\/p>\n<\/div>\n

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“I am particularly concerned with news that Germany is fast-tracking legislation that \u200bwould further reduce its spending on innovative pharmaceuticals,” Greer said.\u00a0<\/p>\n<\/div>\n

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The German Embassy \u2060in \u2060Washington did not immediately \u2060respond to \u200ba request for comment.<\/p>\n<\/div>\n

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The investigation, the sort of which Washington has already launched \u200binto dozens of \u2060other countries, comes after the German Ministry of Health unveiled plans in April for a wide-ranging overhaul of the country’s statutory healthcare system to reduce a looming funding gap by 20 billion euros ($23 billion).<\/p>\n<\/div>\n

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The plan, which would have \u2060introduced variable discounts on pharmaceuticals, is being replaced after the pharmaceutical industry \u2060expressed opposition to it, a German government source told Reuters on Monday.<\/p>\n

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Since returning to power last year, U.S. President Donald Trump has carried out an aggressive trade agenda, which has resulted in the imposition of a 10% global tariff and threats of 100% tariffs on imports from countries like China and France.<\/p>\n<\/div>\n

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Earlier this month, the Trump administration proposed tariffs of up to 12.5% on imports from \u206060 countries after determining they had failed to curb trade in goods made with forced labor following a Section 301 investigation.<\/p>\n<\/div>\n

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The conclusion of the investigation could result in the U.S. taking tariff-related action on \u200bGerman imports.<\/p>\n<\/div>\n

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(Reporting by Jasper Ward in Washington; additional reporting by \u200bKanishka Singh; editing by Scott Malone)<\/p>\n

Read more Carney Says Canada, US Held Detailed, Technical Trade Talks at G7<\/a><\/p>\n<\/div>\n

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Copyright 2026 Thomson Reuters<\/b>.<\/p>\n<\/div>\n

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