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.
That actually sounds like it could be beneficial to a lot of people if we found a way to limit pharma patents.
Free Open Source Pharma (FOSP) would be nice. I’ve only seen small things like the Four Thieves Vinegar Collection before though. https://fourthievesvinegar.org/microlab/