STEPHEN MOORE: Foreign drug price controls are a hidden tax on Americans
The article discusses how foreign drug price controls in countries like Germany, France, and Japan impose lower prices on pharmaceuticals, resulting in higher costs for American consumers. It argues that these pricing systems are trade distortions that unfairly burden U.S. patients by forcing them to cover a larger share of global drug costs. The author calls for the U.S. government to address these issues through trade law remedies.
- ▪The United States spends more on healthcare per capita than any other country.
- ▪Foreign governments impose pricing systems that limit drug costs, affecting U.S. consumers.
- ▪Recent proposals in Germany aim to further compress drug pricing and limit reimbursement options.
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Opinion STEPHEN MOORE: Foreign drug price controls are a hidden tax on Americans Germany, France, Japan, and Switzerland impose pricing mandates that cap what they pay well below U.S. prices By Stephen Moore Fox News Published June 3, 2026 5:00am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video RFK Jr clashes with Democrats on Obamacare, Iran sanctions in heated House hearing Fox News chief Washington correspondent Mike Emanuel reports on HHS Secretary Robert F. Kennedy Jr. facing intense scrutiny from Democratic lawmakers during a House hearing on 'America Reports.' NEWYou can now listen to Fox News articles! The United States spends far more on healthcare, on a per capita basis, than any other country in the world.
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