Trump signs Buy American First Pharma Executive Order.


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PPT on Trump signs Buy American First Pharma Executive Order.

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Trump signs Buy American First Pharma Executive Order.

TRUMP SIGNS BUY AMERICAN FIRST PHARMA EXECUTIVE ORDER INTRODUCTION • US President Donald Trump has signed an executive order to prioritise purchasing certain drugs and medical materials when made in the United States. Source: Zee news SCOPE OF THE ORDER •  The Food and Drug Administration to produce a list of 'essential medicines, medical countermeasures and critical input' that will be covered by the new requirements. Source: Zee news DOMINATION OF CHINA • China has been the dominating global player in the production of personal protective equipment (PPE). Source: Flipkart DOMINATION OF INDIA • In the United States, 90 per cent of all prescriptions are filled by generic drugs and, one in every three pills consumed is produced by Indian generics manufacturer. Source: BBC.com DEFENCE PRODUCTION ACT  • Trump called for the Defence Production Act to compel American companies to produce medical supplies and equipment. Source: Policy & Medicine EXECUTIVE ORDER • The executive order will require that US government agencies purchase all the essential medicines that are needed from American sources. • It will wipe away unnecessary regulatory barriers to domestic pharmaceutical production and support advanced manufacturing processes. Source: Daily Mail USA MEDICINE DEPENDENCE • USA over-dependent on foreign nations for essential medicines, medical supplies and medical equipment like ventilators. • This the reason USA is aiming at production of medicines at their own country. Source: Mumbai Mirror INVESTMENT • The order will set up basic demand to attract a level of investment sufficient to provide for the needs. • USA will need some time establishing it’s own pharmaceutical industry. Source: Shared IMPACT OF COVID 19 • Trump decided this after an impact of Covid 19 within the United States to obtain medical supplies and equipment . • During the corona virus pandemic, USA has imported much of the medicines and equipments from abroad. Source: The Indian Express USA ~ CHINA • US will end its reliance on foreign nations for pharmaceuticals and medical supplies, but he had singled out China. • Trump said that Beijing would have to pay the price for the wound it has inflected on America and the world. Source: Asia Times