Trump says pharma tariffs could eventually reach up to 250%
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%.
Better wording: "Trump says American's life-preserving drugs could be taxed as high as 250% under his plan."
Latest: drugs simply not available anymore as businesses choose not to import.
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.
The only way demand drops is when people die.. So yah I guess this is about right...
Bingo.
Demand stays the same, no matter the price. This is why medication costs so much in the USA
Demand drops because people die.
Is that how he wants to reduce medical prices by 1500%?
