Uhhoh!
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
cm0002@lemmy.world to Economics@lemmy.world · 4 days ago

Trump says pharma tariffs could eventually reach up to 250%

www.cnbc.com

external-link
message-square
8
link
fedilink
  • cross-posted to:
  • news@lemmy.world
  • economics@lemmy.ml
30
external-link

Trump says pharma tariffs could eventually reach up to 250%

www.cnbc.com

cm0002@lemmy.world to Economics@lemmy.world · 4 days ago
message-square
8
link
fedilink
  • cross-posted to:
  • news@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%.
alert-triangle
You must log in or # to comment.
  • N0t_5ure@lemmy.world
    link
    fedilink
    arrow-up
    17
    ·
    4 days ago

    Better wording: “Trump says American’s life-preserving drugs could be taxed as high as 250% under his plan.”

    • henfredemars@infosec.pub
      link
      fedilink
      English
      arrow-up
      7
      ·
      4 days ago

      Latest: drugs simply not available anymore as businesses choose not to import.

  • thesohoriots@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    ·
    4 days ago

    Let me guess: deadline hits, insulin suddenly costs 250% more, demand drops, companies don’t see a market, move to the US never happens, congratulations, you played yourself.

    • paper_moon@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      4 days ago

      The only way demand drops is when people die… So yah I guess this is about right…

      • thesohoriots@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        3 days ago

        Bingo.

    • cosmicrookie@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      4 days ago

      Demand stays the same, no matter the price. This is why medication costs so much in the USA

      • wewbull@feddit.uk
        link
        fedilink
        English
        arrow-up
        2
        ·
        3 days ago

        Demand drops because people die.

  • Treczoks@lemmy.world
    link
    fedilink
    arrow-up
    6
    ·
    3 days ago

    Is that how he wants to reduce medical prices by 1500%?

Economics@lemmy.world

economics@lemmy.world

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !economics@lemmy.world
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 42 users / day
  • 145 users / week
  • 1.1K users / month
  • 4.85K users / 6 months
  • 1 local subscriber
  • 921 subscribers
  • 432 Posts
  • 1.8K Comments
  • Modlog
  • mods:
  • BE: 0.19.12
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org