Tag: consumers
Consumers can buy Zepbound direct from the drugmaker if they’ll pay out of pocket
By Sydney Lupkin Every month, roughly 100,000 people buy Zepbound directly from Eli Lilly through its website. “It’s about the size of a small city,” says David Ricks, Eli Lilly’s CEO. That’s about 10% of the 1 million people who use the blockbuster obesity drug every month, though the numbers can vary, he says. The…
US consumers warned to brace for higher prices due to Trump’s tariffs
Retailers predict prices ‘highly likely’ to rise almost immediately after 25% duty came into effect on exports from Mexico Americans have been warned to brace for higher prices within days after Donald Trump pulled the trigger on Monday and imposed US tariffs on goods from Canada and Mexico, and hiked tariffs on China. Global stock…
What are tariffs, who pays them, and could they hurt US consumers?
Donald Trump has imposed new tariffs on goods entering the US from Canada, Mexico and China. The US president signed an executive order putting a 25% tariff – or tax on imports – on all goods coming from Canada and Mexico, to get both countries to crack down on illegal immigration and drug trafficking. Goods…