London / Europe - Page 2

U.S. Launches Trade Probe into German Drug Price Plan

The U.S. has opened a trade investigation into Germany’s plans to cut spending on prescription drugs, a move that could lead to new tariffs on Europe’s largest economy. U.S. Trade Representative Jamieson Greer announced the Section 301 probe Thursday, saying

Jamieson Greer, US trade representative, during a House Ways and Means Committee hearing i