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To fight U.S. tariffs, Canada should suspend U.S. drug patents, expert says

March 5, 2025
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Now that the Trump administration has imposed 25% tariffs on items from Canada, the Canadian authorities is levying tariffs in return. However different measures are additionally being examined and one notion the Canadian authorities ought to take into account is suspending patent rights held by U.S. firms, together with pharmaceutical firms, in accordance with Richard Gold, a professor of regulation and medication at McGill College who makes a speciality of mental property points.

As he sees it, the pharmaceutical trade would have quite a bit to lose ought to the Canadian authorities take such a step and, due to this fact, would really feel compelled to foyer the White Home to roll again the tariffs. In fact, there are quite a lot of variables concerned in such calculations. We spoke with Gold about this concept, which he floated a number of weeks in the past in Canada, and what it could take to occur. That is an edited model of our dialog.

So the place does this proposal come from?

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Tags: CanadaDrugExpertFightpatentssuspendtariffsU.S
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