We have caved in to bullying from President Trump. It will put NHS budgets under even more pressure. And the Green leader Zack Polanski will probably start claiming on X that the entire health service will be sold off to American conglomerates. There will be plenty of critics of the deal between the UK and the US on pharmaceutical tariffs. But they ignore a simple point: it is a great deal for one of the country’s most important industries.

Finally, the UK will now have a key competitive advantage over the EU

President Trump is planning to impose punitive 100 per cent tariffs on medicines imported into the US, both to encourage domestic manufacturing, and to try to force prices lower. For the UK industry, that was a huge threat. Exports to America are worth an estimated £11 billion a yea

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