And to show how stupid and unhinged Trump is, he berated Ireland for 'stealing' the pharma industry when it is simply easier to produce there, more skills, better policies. No differentt to almost every tech invention around world being taken to USA. But Trump wants the profits of companies producing in Ireland.
Now he is accusing Australia of making the medicines too cheap. We pay tax to make necessary medicines cheap and affordable to all. This is our political decision...stay out of it. If your US pharma company doesn't want to participate and come to party on exhorbitant medicine prices then Fcuk off
Petrhaps we start imposing more penalties on your companies making money here but HQ elsewhere to evade tax. Google, Apple, FB, Amazon etc etc...or maybe we take back or WiFi and/or impose more royalties on it, and same with all our medical inventions
You see how this is a lose-lose game? This is why the free market works, where the market decides the price, where you either buy $hit from Temu cheaply or yourself make better value products. All tariffs do is cause quality and productivity to drop and prices to go up. That is the basics of a recession my friends so wake up to yourselves because you know you are being misled.
As I said above, sentiment here is going anti american, anti american products, pushes for withdrawal fro submarine deals (worth more than what you import from us anyway)...even amongst more conservative older folk at my Saturday moring coffee catch up with a older gen motorbike group.