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.
Everyone assumes that this is just a ham-fisted attempt to bring manufacturing back to the USA. What if the goal is really just to collect more money for the government to help cover such gross ineficiencies as the tax cuts for the ultra wealthy? In other words, it’s in effect a massive tax increase on the rest of us. After all, a tariff is nothing more than a tax levied on your own citizens.
Ummm…no. The goal is that these companies pay Trump big money in “donations” and in return, he exempts them.
Trump isn’t in it for anything except his own pockets. He doesn’t give a shit about the country. He doesn’t even give a shit about project 2025.
He literally wanted to be president again to avoid going to jail, and when the Heritage foundation approached him and said “we’ll get you reelected and in exchange you make our guy Vance your vice-president and let us have carte blanche to enact this big binder full of christian nationalist policies.” He said “You’ve got a deal” because he doesn’t give a shit. He’s making bank while letting people smarter than him tell him what to say.