President Donald Trump has more tariff chaos up his sleeve, and medicine in his sights.
This week, he issued an executive order blaming America’s sky-high drug prices on other countries — and pharmaceutical tariffs could be next.
Fine by me. So long as he doesn’t come crying later when the EU starts properly taxing US-based digital products used by Europeans, in addition to extra tariffs on them. Which something we’re reluctant to do but should absolutely be willing to do if push comes to shove.
I just hope EU sticks to its word of standing strong and doesn’t chicken out when it starts to hurt. Hope we give him the China treatment.
We might hurt temporarily but we are not strangers to suffering or fascist aggressors as many of our cities still bear the scars of war, and we’re also making up for lost time and trust by investing more in our own geopolitical independence, pharma, science and defense. And we have the free world on our side.
We might avoid conflict whenever possible, because we know better through experience, but we will also make sure our aggressors get left in worse shape, and for much longer.
So bring it on, homeboy.
Also, trump put tariffs on foreign movies. The entire European movie empire is in shambles /s…
Let’s put tariffs on Hollywood, no way that would hurt the US, right?
US supplys 38% of EU drugs, lets bring those numbers even lower. One thing worse than low prices for big pharma is low sales.
