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Trump Drops 100% Tariff Bomb on Imported Drugs from October

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26 minutes ago, impulse said:

he same famous companies sell the same formulations in Mexico, much cheaper than they sell in the USA. 

 

So then.

No need to worry about counterfeit products?

Interesting.

 

 

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  • Forget about working out a trade deal with US, this man is a lunatic and changes his mind every minute. He will wreck the US economy with the tariff uncertainty. 

  • NoDisplayName
    NoDisplayName

    It'll be fine.   In case of negative economic effects, trump will tariff inflation, sanction newspapers publishing "fake news", and fire and deport any BLS employee that dares to report unam

  • GammaGlobulin
    GammaGlobulin

    Yes,. And I LOVE this Lunatic.   There is no reason not to produce far more of medicines and precursors in North America. In fact, a very good idea it is.   Automate the

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13 minutes ago, GammaGlobulin said:

So then.

No need to worry about counterfeit products?

Interesting.

 

Probably on the same level of worry as buying in a reputable pharmacy in Thailand or Taiwan.  But nothing like the boner pill hawkers on Sukhumvit. 

 

Even in the USA, the supply chain has many points where nefarious actors can work counterfeits in.  Occasionally, we read about Walgreens, CVS, etc. pulling fakes off their shelves or telling their customers not to use something they've already bought.

 

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It's four days until October. Plenty of time for Trump to change his mind six or seven times before then.

18 minutes ago, John Drake said:

It's four days until October. Plenty of time for Trump to change his mind six or seven times before then.

 

Yup.  Strategic ambiguity is a powerful negotiating tool.

 

Unlike previous administrations, he doesn't need to hold months and months of mind numbing and completely predictable staff meetings to react to moves by the counterparties.  That's one reason we've had such crappy trade deals for decades.  The other side could always forecast every move. 

 

With Trump, even he can't forecast his next move.  Not until he sees what the other side is going to do.

 

Even the world's best hackers can't steal his playbook, because it's in his head.

 

 

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4 minutes ago, impulse said:

 

Yup.  Strategic ambiguity is a powerful negotiating tool.

 

Unlike previous administrations, he doesn't need to hold months and months of mind numbing and completely predictable staff meetings to react to moves by the counterparties.  That's one reason we've had such crappy trade deals for decades.  The other side could always forecast every move. 

 

With Trump, even he can't forecast his next move.  Not until he sees what the other side is going to do.

 

Even the world's best hackers can't steal his playbook, because it's in his head.

 

 

 

No business can or will make plans in an environment where the tariff rules change repeatedly. 

6 minutes ago, John Drake said:

No business can or will make plans in an environment where the tariff rules change repeatedly. 

 

FFS, he's been at it less than a year.   It'll calm down after he fixes decades of stoopid trade agreements.

 

Edit:  And I'd add that he's been having to fight lefties every step of the way.  Otherwise, he'd have sorted it by summer.  And I can never tell if they object to his policies, or the fact that he's president and he's still breathing. 

 

2 hours ago, TroubleandGrumpy said:

Of course the real reason is so that manufacturers can make huge profits because it is cheaper to make things like medications in India.

 

But, the truth is that IF all meds (plus precursors) were manufactured in the USA, then..

There would STILL be plenty of profits for all concerned, except maybe for those sub-standard makers in India, of course.

 

3 hours ago, GammaGlobulin said:

Then, the healthcare in the USA remains doomed

 

The mentality of the average North American (I'm including Canadians) is what dooms 'health' care. People stuff pills down their gullets like kids with Halloween candy.  It's much easier than taking personal responsibility for one's health and getting a handle on their worst excesses.  

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Just another one in his long trail of broken promises, coming from the man who promised that he would reduce drug prices. By what was it, 1500 percent? 

Trump is plainly playing on the greed of firms  who produce medecines. As they will rush and comply. 

 

Had these companies been a slightest bit smart, they would plainly let it go and see at the end of the day who will suffer most. The main victims of this new tarif would be the american patients. 

 

This is also a good lesson to global corporations, as not to put all one's eggs in the same US ou European basket. Diversify. Make deals with the powerful BRICS+ nations and other countries. 

Trump is mainly interested in window dressing before the midterms.

 

Just publicly announce an investment in a new plant, and start preliminary assessments which may last for years, would be enough for a company to escape tariffs! :biggrin:

 

 

 

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77 million strong — the proud constituents of the Idiocracy of Magastan.
They’re not worried: a 100% tariff only doubles the cost,
but Trump’s 1500% reduction makes it cheaper than free.
And if reality bites,
there’s still the biggly Kool-Aid reserve in Capital Trumpsville.

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Considering that China and India combined make up about 58% of US drug imports, I'd say that drug prices in the US are going to skyrocket.  The 2026 mid-term elections should be a hoot!  

7 hours ago, GammaGlobulin said:

 

Yes,.

And I LOVE this Lunatic.

 

There is no reason not to produce far more of medicines and precursors in North America.

In fact, a very good idea it is.

 

Automate the process as much as possible, and then set up factories in the USA and Canada.

 

And, let's chop the BigPharma profits off at the knees, too, while we are at it.

 

All drugs sold in the USA should be no more expensive than Taiwan pricing.

 

The USA is a much larger market, and so the prices for drugs in the USA should be LOWER not higher...!!!

 

 

Guess this is what happens when you drink the cool aid this magical thinking replaces common sense.sorry to disagree but slapping a 100% tax on the American consumer isn’t going to lower prices for meds.especially when there’s no alternative in place.sad 

11 minutes ago, Tug said:

Guess this is what happens when you drink the cool aid this magical thinking replaces common sense.sorry to disagree but slapping a 100% tax on the American consumer isn’t going to lower prices for meds.especially when there’s no alternative in place.sad 

 

No..

Jonestown, Guyana is what happens when you drink the Kool-Aid.

 

Also, Purdue Pharma is what happens when too many Americans drink their OWN Kool-Aid.

 

 

Posts with derogatory nicknames, intentional misspellings, or personal remarks will be removed. Spell names correctly for all sides of the debate.

7 hours ago, GammaGlobulin said:

 

Yes,.

And I LOVE this Lunatic.

 

There is no reason not to produce far more of medicines and precursors in North America.

In fact, a very good idea it is.

 

Automate the process as much as possible, and then set up factories in the USA and Canada.

 

And, let's chop the BigPharma profits off at the knees, too, while we are at it.

 

All drugs sold in the USA should be no more expensive than Taiwan pricing.

 

The USA is a much larger market, and so the prices for drugs in the USA should be LOWER not higher...!!!

 

 

So the US can produce for the US more affordably than outside producers can for a global market ?

Trumpcanomics ?  The  US pricing internally is unlikely to be relevant to import cost...just margins leveraged from compulsory insurance scams. Now Tylenol is being depopularised in favor of what ? Ibuprofen ? Check that poison out for issues !

 

54 minutes ago, 0ffshore360 said:

So the US can produce for the US more affordably than outside producers can for a global market ?

Trumpcanomics ?  The  US pricing internally is unlikely to be relevant to import cost...just margins leveraged from compulsory insurance scams. Now Tylenol is being depopularised in favor of what ? Ibuprofen ? Check that poison out for issues !

 

 

My suggestion:

 

Stay OFF the painkillers, which are short-term, anyway.

 

My advice....

 

Please just GRIN and BEAR it.....

 

OR: If you are from Pattaya....then....

 

Just BARE it, as a good Farang should....

 

 

Ya just gotta love it when trump just levies a 100% sales tax on ya ehh all without benefit of legislation……magga…..ehh it’s really going to hit the fan when the rubes realize they along with everyone else have been taken for a ride.oh there’s more he’s raised sales taxes (tariffs) on a bunch of other items as well……thanks magga.

4 hours ago, Tug said:

Ya just gotta love it when trump just levies a 100% sales tax on ya ehh all without benefit of legislation

 

You're demonstrating a poor understanding of tariffs.  A 100% tariff on the WHOLESALE cost is nowhere near a 100% sales tax. 

 

Especially on pharmaceuticals where the imported inputs may cost $100 and sell at retail for $5,000.  In that case, he'd be adding 2% to the retail price.

 

7 minutes ago, impulse said:

 

You're demonstrating a poor understanding of tariffs.  A 100% tariff on the WHOLESALE cost is nowhere near a 100% sales tax. 

 

Especially on pharmaceuticals where the imported inputs may cost $100 and sell at retail for $5,000.  In that case, he'd be adding 2% to the retail price.

 

I’m going to be paying more for something via a tax (tariff) imposed on me by ditcate not by legislation in my view that’s shaking us down.we fought a revolution over taxation without representation.

19 minutes ago, Tug said:

I’m going to be paying more for something via a tax (tariff) imposed on me by ditcate not by legislation in my view that’s shaking us down.we fought a revolution over taxation without representation.

 

Now you're just being silly.  You had your chance to vote.  I'd suggest you take up your complaint to the DNC who ran such crappy candidates.  And it looks like they're on track to double down with even crappier candidates in 2028.

 

AOC...  AOC...  Say it louder!  AOC...

 

49 minutes ago, impulse said:

 

Now you're just being silly.  You had your chance to vote.  I'd suggest you take up your complaint to the DNC who ran such crappy candidates.  And it looks like they're on track to double down with even crappier candidates in 2028.

 

AOC...  AOC...  Say it louder!  AOC...

 

Oh I did vote and as an American with the 1th amendment I can voice my opinion.hopefully the democrats have learned there’s to much misogyny and racism to run female candidates for chief executive…I do like AOC a bit to far left for my views but I like her.im thinking in 2028 the democrats should field senator mark Kelley or Gavin newsom both very able men + they aren’t criminals like your deity.

100% tariff on drugs, I wonder how the Columbian cartels will react to this news :whistling:

  • Popular Post

What happened to pharmaceutical costs falling by 1,400%?

America should take a leaf from Australias Health care system. Medical treatment for all,yes a two tiered system Private or Public. If you are generally in urgent need of medical assistance including surgery the public system will treat you on a needs basis for free. For the more wealthy yes private does give them choice and immediate attention, However the gap between what the surgeon and hospital charge is often outrageous.

Pharmacueticals in the main are Government controlled and often subsidised. Pensioners and other Government beneficiaries have a limit ($750 approx) they have to pay per year then most perscription medications are free. Trumps tariffs are going to make it almost impossible for most Americans to buy pharmaceuticals. Trumps claims that the exporting country pays the tariffs does he really believe that or is he still BS the country. The consumer pays eventually.

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