Here's how Trump's tariffs on China could impact drug pricing and other healthcare costs

President Donald Trump's tariffs on China have raised concern over their potential impact on healthcare costs.

"There's not much international trade for most of healthcare. The biggest parts of healthcare – physician services, these are all provided domestically already, and hospitals are a domestic part of healthcare, so you take out those two things, and you've kind of ruled out almost three-quarters of all healthcare spending," Pope said in an interview with Fox News Digital. "So, for the most part, we're talking about drugs and devices, which are, at most, about a quarter of healthcare spending."

"In terms of prices for the industry, whether it's absorbed in their margins, or they do less research and development, or they pass it on to consumers … it's not completely devastating, but it's definitely annoying," said Christine McDaniel, a senior economist at George Mason University's Mercatus Institute.