Canada blocked bulk exports of prescription drugs to the US as it would cause or worsen a drug shortage at home.
The said importation from Canada is President Donald Trump's strategy of lowering some drug prices in the US, which he touted in his debate with President-elect Joe Biden.
Many Canadian drug suppliers opposed Trump's plan as it could lead to shortages,
The “Importation Prescription Drugs” rule in the US would allow licensed US pharmacists or wholesalers to import in bulk certain prescription drugs intended for the Canadian market.
According to Canada's Health Minister Patty Hajdu, companies will be required to provide information to assess existing or potential shortages, which could be as quick as within 24 hours if there is a serious or imminent health risk.
Hajdu emphasized the need for vigilance in maintaining the national drug supply noting that Canada is a small market, representing 2 percent of global drug sales, that sources 68 percent of its drugs internationally.
Canadian Prime Minister Justin Trudeau said in September that his priority was protecting the needs of Canadians in terms of pharmaceutical supplies.


Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
One Percent Rule Checklist For Safer Forex Trading Risk
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 



