Australia is very concerned about U.S. President Donald Trump’s latest threat to raise tariffs on pharmaceutical imports by up to 250% over the longer term, its health minister said on Thursday.

Trump said this week that the United States would first impose a “small” tariff on foreign-made drugs before hiking it to 150% within 18 months and eventually to 250% in an effort to boost domestic production.

Mark Butler said the plan would be a blow to producers such as CSL, opens new tab, Australia’s largest biotech company.

  • galoisghost@aussie.zone
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    10 days ago

    We should but Labor are in government.

    Could be worse though the Liberals could be in and they’d just say “Yes Sir!” And dismantle the PBS.

    • WhatAmLemmy@lemmy.world
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      10 days ago

      You can have any “democratically” elected government you want, as long as they’re corporate whores pre-screened, pre-filtered, pre-validated, and pre-financed by the wealthiest oligarchs.