President Trump is reportedly set to issue an executive order requiring certain essential drugs to be made in the USA.
Currently, the FDA reports that 90% of the drugs in the United States are imported, with most coming from China.
It’s about freaking time. It’s hard to believe we as a country have allowed such critical supplies be made overseas. It is especially troubling that we entrust the manufacturing of our life-sustaining drugs to a communist country. How stupid are we?
Thankfully, it appears we will be stupid no more.
The White House is preparing to require that some essential drugs be made in the U.S. as the Trump administration tries to limit dependency on China for medical supplies, sources told CNBC.
White House trade advisor Peter Navarro previously proposed a similar executive order earlier in the year.
Navarro’s order, proposed in mid-March, would streamline regulatory approvals for “American-made” drugs and impose similar Food and Drug Administration (FDA) restrictions on U.S. production facilities as those abroad.
It will also encourage government agencies to only buy American-made medical products.
COVID-19 has been a tragedy for this nation in many ways. There has been, and will continue to be, tremendous loss of life. Hopefully, at least some positive changes will come out of this to make us safer and more prepared for future crises.
Bloomberg has obtained a copy of the draft of the executive order.
“It is critical that we reduce our dependence on foreign manufacturers for essential medicines, medical countermeasures’’ to “ensure sufficient and reliable long-term domestic manufacturing’’ that prevents shortages and supplies to “mobilize our nation’s public health industrial base’’ when needed, says the nine-page draft.
The draft order is still in the preliminary stages and hasn’t gotten sign off from the president. It has reached other federal agencies for review and coordination, including the Pentagon and the Department of Health and Human Services. A Pentagon official Thursday said the draft order was being reviewed and coordinated within the relevant office.
Reportedly, the order would except certain drugs.
The exceptions would be if U.S. production isn’t in the public interest, the treatment or device isn’t produced in sufficient quantities in the U.S., or if it raises prices by more than 25%.
There are no reports at this time that indicate what particular drugs will be considered essential.
Can anyone possibly oppose this move? I don’t see how they could. But the Democrats usually find a way. Time will tell.