Tariffs Versus Executive Orders for drug prices

David E. Williams is quoted in Go Banking Rates (Will Trump’s Order on Prescription Drug Prices Be Enough To Offset Tariffs?)

Experts said most consumers won’t see immediate savings from the executive order. 

“Even if drug companies cut prices they charge wholesalers, it won’t reduce the co-pays and deductibles that patients pay,” said David Williams, healthcare business and policy expert. “So, consumers will have to look elsewhere to make up for rising overall costs.”

In addition, Williams said over-the-counter medications sold at retailers like Walmart could get more expensive, especially those using imported ingredients.