KEY POINTS
The U.S. will impose a 100% tariff on “all any branded or patented Pharmaceutical Product” entering the country from Oct. 1.
The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added.
He said that the exemption covers projects where construction has started, including sites that have broken ground or are under construction.
Right, because a week’s notice is entirely sufficient for companies to build up manufacturing capacity for highly regulated pharmaceuticals.
No worries. Guess who can cut through all that red tape quickly.
CEO’s who deliver piles of money to Dear Leader’s door?
With Trump’s level of regulation, the lead time is about as long as setting up a meth cook.