Bill for
Separate Pharma USTR Introduced
[ABS
News Service/07.08.2026]
Legislation
to create the position of chief pharmaceutical negotiator within the US Trade Representative’s
Office has been introduced by Sen. Tim Sheehy (R-Mont).
The
Use Sovereignty to Reduce Rx Act (USTRx Act) would
combat unfair, foreign pharmaceutical price controls that force Americans to
shoulder the cost of developing lifesaving drugs while other countries reap the
benefits, the senator said.
“America
leads the world in developing lifesaving medicines, but for too long, foreign governments
have gamed the system with price controls that force
hardworking Americans to pick up the tab for these drugs. That’s not free trade
– it’s freeloading,” he stated.
A
recent Special 301 report from USTR confirmed several foreign governments,
including Germany and Japan, continue to use unfair policies to suppress
pharmaceutical prices below fair market value and arbitrarily limit access to
lifesaving products, the senator noted. USTR currently is conducting a Section
301 investigation against Germany to determine whether persistent underpayment
for innovative pharmaceutical products by Germany is unreasonable or
discriminatory and burdens or restricts US commerce.
The
bill is cosponsored by Republican Sens. Ted Budd (NC) and Dave McCormick (Pa). Companion
legislation has been introduced in the House by Rep. Jody Arrington (R-Texas).
The
bill would:
·
Establish
the position of Chief Pharmaceutical Trade Negotiator at USTR. The position would
identify foreign price controls on drugs innovated in the United States.
·
Compile
and release an annual report to Congress on the policies and practices of high-income
countries relating to the trade of pharmaceutical products.
·
Submit
to the House Ways and Means Committee and Senate Finance Committee a plan to respond
to the policies and practices of high-income countries, which may include
initiating an investigation under title III of the Trade Act of 1974.