No. of Recommendations: 5
15% tariff on pharmaceuticals! What a great idea to tax the sick.
But the 1%, a tax cut buys a lot of donations.
Aussi
No. of Recommendations: 3
Or one could look at it as an incentive to onshore production. Pharma plants after all are basically chemical operations with higher safety standards (and btw ratcheting those standards on imported drugs is Step 2).
Or we could just say, moar for rich ppl. rIcH pPl nEvEr fAiR sHaRe pAY” or some such. Nah. We don’t do anything but ascribe only the worst motives here.
No. of Recommendations: 16
Dope1: Or one could look at it as an incentive to onshore production.
Umm, McFly, it would take a minimum of five to ten years to build new facilities and even longer to fully re-shore the supply chain.
Plus a gigantic boatload of money.
Your genius negotiator just made life-saving medicines 15% more expensive.
Before this trade "deal," pharmaceuticals had been exempt from tariffs, and the US imports $175B/yr of them from the EU.
Somehow, this doesn't look like it's going to bring down the price of drugs by 1,500% as Mad King Donald Thee Pedophile promised.
