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

Published by Global Banking and Finance Review

Posted on December 11, 2025

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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 ‌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)

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