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.
Manufacturing can happen anywhere. That’s not where the money is. The money is in parents and research.
The only reason you want the factories in shore is of you’re worried about trade routes staying open. I don’t think Trump is thinking that far ahead.
His lack of understanding is a worry or his planning for increased conflict is worrying.
Parents are in such short supply these days, makes sense they’re at a premium. Most people don’t have more than two and a lot have less than that!
Yes, bank of mum and dad has become a bigger part of the economy over time.