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return2ozma@lemmy.world to News@lemmy.world · 1 day ago

Trump says pharma tariffs could eventually reach up to 250%

www.cnbc.com

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  • cross-posted to:
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Trump says pharma tariffs could eventually reach up to 250%

www.cnbc.com

return2ozma@lemmy.world to News@lemmy.world · 1 day ago
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9
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  • cross-posted to:
  • economics@lemmy.world
  • economics@lemmy.ml
Trump said he will initially impose a "small tariff" on pharmaceuticals, but then in a year to a year and a half, he will raise that rate to 150% and then 250%.
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  • Jackusflackus@lemmy.world
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    1 day ago

    Wouldn’t this leave the door open to jack domestic prices because foreign options are more expensive. Probably the whole goal

    • Avid Amoeba@lemmy.ca
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      1 day ago

      Yeah, domestic profits aren’t high enough.

    • pelespirit@sh.itjust.works
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      1 day ago

      People are going to Canada and Mexico to get cheaper medication, this would fuck that.

      • Nougat@fedia.io
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        1 day ago

        Every day I’m smugglin’.

  • ghostlychonk@lemmy.world
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    1 day ago

    Didn’t he just brag about lowering drug prices by 1500%?

    • redsand@lemmy.dbzer0.com
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      24 hours ago

      They have to go up by 2000% first

    • sad_detective_man@leminal.space
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      24 hours ago

      15 gorrillian percent America, I swear it to you. the pharmacists will pay you to medicate your diabetes. thank you for your attention in this matter

  • opus86@lemmy.today
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    20 hours ago

    Great, prescription drugs are about to skyrocket in price.

  • the_q@lemmy.zip
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    1 day ago

    Stock manipulation again?

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