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UK pledges extra $2 billion NHS spend to avert Trump tariffs, FT says

Published by Global Banking & Finance Review

Posted on December 11, 2025

1 min read

· Last updated: January 20, 2026

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UK pledges extra $2 billion NHS spend to avert Trump tariffs, FT says
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Dec 11 (Reuters) - Britain has promised the United States that spending on National Health Service (NHS) medicines will rise by 1.5 billion pounds ($2 billion) over the next three years, the Financial

UK Commits $2 Billion to NHS to Prevent US Tariffs

Dec ‌11 (Reuters) - Britain has ‍promised the ‌United States that spending ⁠on National ‌Health Service (NHS) medicines will rise by 1.5 billion ⁠pounds ($2 billion) over the next ​three years, the Financial ‌Times said on ⁠Thursday.

The pledge is part of a deal ​to win exemption from drug import levies threatened by U.S. President Donald ​Trump, ‍that ​aims to boost such spending to 0.35% of GDP from 0.3% by the end of 2028, ⁠the paper said, citing people familiar ​with the deal.

Reuters could not immediately verify the report.

($1=0.7482 pounds)

(Reporting ‌by Mrinmay Dey in Bengaluru; Editing by Clarence Fernandez)

Key Takeaways

  • UK pledges $2 billion increase in NHS spending.
  • Aim to avoid US drug import levies.
  • Spending to rise to 0.35% of GDP by 2028.
  • Part of a deal with the US under Trump administration.
  • Report by Financial Times, unverified by Reuters.

Frequently Asked Questions

What is the main topic?
The main topic is the UK's pledge to increase NHS spending to avoid US tariffs on drug imports.
What is the financial commitment made by the UK?
The UK has committed to increasing NHS medicine spending by $2 billion over the next three years.
What is the goal of the increased NHS spending?
The goal is to boost NHS spending to 0.35% of GDP by 2028 and avoid US drug import levies.

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