Thomas J. Bollyky (Council on Foreign Relations) joins to explain the problems facing the US pharmaceutical market, the Trump administration’s new tariffs and pricing deal with the United Kingdom, and the impact on American drug prices as well as supply chain security (30:10).
Read more…
- Bollyky, Thomas J., Close Searchinger, and Prashant Yadav, “America’s Pill Problem. Tariffs won’t fix the country’s reliance on foreign medicines,” Foreign Affairs, July 22, 2025.
- Yadav, Prashant and Chloe Searchinger, “Tracking Pharma’s Progress on U.S. Onshoring Efforts to Avoid Tariffs,” Council on Foreign Relations, Think Global Health, November 24, 2025
Pre-order a copy of Chad Bown’s new book with Soumaya Keynes, How to Win a Trade War, out in May. Bookshop.org has offered 15% off the book from now until the end of May using code HTWATW15.

