April 11, 2025- A week after declaring “Liberation Day” and levying hefty tariffs on most of the country’s trading partners, President Donald Trump reversed course on Wednesday, announcing he will pause most reciprocal tariffs for 90 days. While U.S. President Donald Trump paused import taxes this week for other countries, he raised tariffs on China and they now total 145%, according to AP News. On its face, the pause is good news for the healthcare industry, as it offers companies some breathing room in which to make supply chain adjustments, according to Healthcare Dive. However, analysts cautioned that the pause won’t last forever, and said providers and medtech companies remain under urgent pressure to reconsider their supply chains.
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