Uploaded on Aug 10, 2020
PPT on Trump signs Buy American First Pharma Executive Order.
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
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