President-Elect Trump Has Promised Increases

January 2025

Recent And Proposed Tariff Policies

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Current Tariff Policies Enacted By The Biden Administration

Raised tariffs on medical products:

Facemasks
  • 25% in 2024
  • 50% in 2026
Medical Gloves
  • 50% in 2025
  • 100% in 2026
Syringes & Needles
  • 100% in 2024

Phased out COVID-related tariff exemptions by May 2025.

Tariff Policies Proposed By The Incoming Trump Administration

Campaign proposals and transition statements have included:

Canadian flagMexican flag+25% Tariff
on all products from Canada and Mexico

Chinese flag+60% Tariff
on goods from China

+20% Tariff
on every import into the United States

Uses And Impacts

Tariffs Are Seen As A Tool To:
  • Incentivize domestic manufacturing
  • Influence trade policy
  • Sway other countries’ policies on issues like immigration
  • “Pay-for” to offset tax cuts
HIDA’s Message

Tariffs can disrupt supply chains, impacting the availability of essential medical products.

Learn more at hida.org/tariffs
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Tariff Policy Clearinghouse

Keep tabs on the key areas of U.S. tariff policies that other healthcare industry leaders are tracking.

Learn More >