Trump Administration Review Targets Medical Supply Chain Vulnerabilities

Benzinga

The Trump administration launched a Section 232 review into medical imports to assess national security risks. The probe covers PPE, hospital gear, and critical devices, with new tariffs potentially adding to existing duties.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The Trump administration has opened a national security review

00:05in a U.S. reliance on foreign suppliers for medical imports,

00:07including PPE, consumables, and devices under Section 232 of the Trade Expansion Act.

00:13The review will assess whether certain imports pose risks to U.S. security

00:16or industrial capacity, according to Benzinga.

00:19The initiative reflects a renewed emphasis on strengthening supply chain resilience

00:22after COVID-19 exposed shortages of critical medical supplies.

00:26The review covers a wide range of medical products,

00:29including protective gear, hospital equipment, and critical devices

00:32such as pacemakers, insulin pumps, stents, and heart valves.

00:36CBC reported that potential new tariffs would add to Trump's existing duties.

00:40For all things money, visit Benzinga.com.

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