The unholy 200% pharmaceutical tariff is the latest work of total economic illiteracy from anti-President Trump’s non-administration. The “idea” is that the drug companies will bring their hand luggage and trundle over to the States to manufacture in the US.
Sure they will.
They’ll all drop everything in their multi-trillion-dollar industry and happily spend billions retooling and finding places to manufacture their products. People called Igor will slave away at the forges making antidepressants that double suicide rates.
Anti-psychotics will be lovingly made by smiling pixies in corporate offices at unspecified real costs. Then all they’ll have to do is create a massive supply chain out of thin air.
It’ll be bliss.
Grab your tiaras, leotards, and hula hoops and join in the fun in the homeless states. That’ll be all 50 of them at this rate.
None of this has a hoot in hell of happening during his term in office. The cost of manufacturing in the US is the main reason companies don’t manufacture in the US. Unless someone’s found a way of making meds directly out of tap water, this won’t happen.
In the meantime, US importers will pay the 200% tariff, which will be passed on in full to sick people who need meds and who are already broke.
These tariffs will pull big money out of the private sector in big clumps.
Given the state of the hideous rotting necrophiliac US health sector, this will only prove one thing. It should finally put an end to the absurd theory that Americans can get healthcare of any kind.
There won’t be any sort of black market in pharmaceuticals, of course. There has been a thriving black market for years. These tariffs will make it much more profitable.
Organized crime long ago took a vow of poverty. They wouldn’t exploit a massive gap in consumer prices in meds like they do in tobacco, etc.
They certainly wouldn’t condescend to scoop up the vast amounts of money spent every day on meds. It’d be beneath them.
If the world wants to help America in its infantile meltdown, there’s only one option.
Don’t do business with this madness.
