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.
Pharmaceutical plants take several years to build, and a shit ton of money, especially since the equipment is all made in Europe and China, not that Republicans care.
And good luck making drugs with a labor force that can’t do simple math even with university degrees.