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How trade wars could destroy the U.S. health care system

The term “core competency” refers to a company’s unique capabilities which give it a competitive edge. While this concept typically applies to businesses, some argue that countries, like the U.S. can also have core competencies such as innovation, technology, and military power. However, healthcare does not fall into the U.S.’s core competency due to high costs, limited access, and systemic inefficiencies. Tariffs, it is argued, could harm the healthcare system by increasing costs for imported medical supplies and causing disruptions in availability.

Source: kevinmd.com –

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