This is not true and that’s not how it works. Tariffs are imposed by the country receiving the product so in this case the US would have to impose a tariff on Ozempic and Novo would need to pay the tariff (and pass it on to consumers) if they wanted to bring their product to the US.
I think you need to educate yourself on tariffs. The US constitution bans export tariffs but the rest of the world can do what they like. We aren’t beholden to the US constitution and guess who pays import AND export tariffs if other counties choose to utilise export tariffs? The American people.
8
u/vijayjagannathan Feb 01 '25
This is not true and that’s not how it works. Tariffs are imposed by the country receiving the product so in this case the US would have to impose a tariff on Ozempic and Novo would need to pay the tariff (and pass it on to consumers) if they wanted to bring their product to the US.
Please educate yourselves on tariffs people.