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Trump flags 200% pharma tariffs
Posted 9 July 2025 PM
US President Donald Trump is making good on his threats against the pharmaceutical industry, warning an extraordinary tariff on drugs - in the vicinity of 200 per cent - will be announced "very soon".
The news has sent the Australian Government scrambling with Treasurer Jim Chalmers immediately labelling the escalation in the trade war a "very concerning development".
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Posted 9 July 2025 PM
US President Donald Trump is making good on his threats against the pharmaceutical industry, warning an extraordinary tariff on drugs - in the vicinity of 200 per cent - will be announced "very soon".
The news has sent the Australian Government scrambling with Treasurer Jim Chalmers immediately labelling the escalation in the trade war a "very concerning development".
To see the whole article, please login
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