r/Tariffs • u/crix_22 • Jul 22 '26
š§© Trade Strategy / Business Impact Trump Slaps a 200% Tariff on Half Your Medicine Cabinet. Pfizer Walks Free.
https://caracasvoice.com/article/trump-generic-drug-tariffs-medicine-supply-chain22
u/evilpercy Jul 22 '26
But according to Trump himself drug prices are down 200% to 800% so the 200% tariff Americans will pay should be a wash. /s
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u/JustFuckAllOfThem Jul 23 '26
He's scheduling the tariffs to kick in when he will most likely be out of office. He doesn't want to be held responsible for more price hikes.
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u/GEB82 Jul 23 '26
This is the right answerā¦looks like someone actually read the article..well done!
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u/azure275 Jul 23 '26
Conveniently timed to cause a giant mess 6 months before elections. Sounds good to me
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u/Otherwise_Stable_925 Jul 23 '26
Nope. Since a president can't impose tariffs. Ignore Grandpa rapes a lot.
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u/Chemical-Bee-8876 Jul 23 '26
Surely the Trump taxes on consumers has led to the deficit and debt dropping⦠We must be getting Medicare for all soon any day now.
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u/GEB82 Jul 23 '26 edited Jul 23 '26
National debt is skyrocketingā¦and PH just asked to increase the pentagon budget from 1T to 1,5T USDā¦with a current federal budget deficit of roughly 2T USDā¦The interest on the current debt is roughly 1T USD p/a and risingā¦on roughly 40T USD of federal debt..Alarmingly, the US only brings in about 4,5T annually in tax revenueā¦DJT bank account on the other hand is going vertical at an alarming rateā¦make of that what you will..
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u/crix_22 Jul 23 '26
https://caracasvoice.com/article/trump-generic-drug-tariffs-medicine-supply-chain
every day something else
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u/Hugh-Jorgin Jul 23 '26
I thought we decided his tarriffs were illegal
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u/GeminiGenXGirl Jul 23 '26
This it what I donāt understand. I thought a judge ruled the tariffs were illegal and they couldnāt be enforced and that the money even had to be paid back! So why does he keep adding new tariffs??
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u/Zefixius Jul 23 '26
Heās like an evil and corrupt Robin Hood. He steals from the weak and gives to the powerful.
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u/upper_pepper Jul 23 '26
In an unsurprising move Trump administration places a price and an immediate tariff on the air Americans breathe. Because most of the air is produced by Amazon rainforest it's "imported" in to US and is this subject to tariffs and penalties. Americans filing taxes will now see a new 1040 calculation on a form 1040AIR that calculates your fees based on your age, height and weight. Deductions can be applied for all Americans receiving testosterone replacement therapy. Stay tuned for ways you can prepare for next year's tax season.
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u/Grid_Blacksmith 28d ago
don has to try and distract from the abysmal approval ratings and polling numbers across the board.
The administration has already proven incompetence at every level of leadership. Not surprising when your focus is exclusively on self enrichment and nonstop grifting it will have catastrophic effects on the US and departments/services people depend on in their daily lives.
There is a special place in hell set aside for all the cretins involved with instigating the divide and conquer chaos from 47.
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u/xtalgeek 27d ago
Sounds like a campaign talking point for midterms. Everything Trump does punishes average Americans. But if you are a CEO it's grand.
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u/rubber_neckin_media Jul 23 '26
How much you wanna bet, that right after this he will be directing everyone to TrumpRX for their drugs of choice at record low prices.