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Those tariffs on Denmark and Switzerland in particular (major medicine producers) aren't going to help...
by pixelpoet 2y ago
Those tariffs on Denmark and Switzerland in particular (major medicine producers) aren't going to help...
- Luc 2y agoPharmaceuticals are exempted at the moment.
- sureglymop 2y agoWell, Switzerland cowardly decided not to react or retaliate, even though those tariffs make no sense. I don't know why we expect a reasonable response here, if you ask me this is a huge red flag and warning that the US is not a trustworthy trade partner.
- lesuorac 2y ago> Well, Switzerland cowardly decided not to react or retaliate, even though those tariffs make no sense. I'm not sure that reactionary tarifs are the correct action. Flagging products as American or pulling them from the selves seems much more affective. If you counter-tariff you just tax your own citizens. If you decrease supply then it actually hurts US.
- ashoeafoot 2y agoThe usual swiss reaction to news of this magnitude is to dig bunkers several kilometres down .
- sleepyguy 2y agoAt least 50% of generics come from India, and they import 80% of the Active Pharmaceutical Ingredients from China. If China or India stop pharmaceutical shipments to the USA, there would be extreme shortages, and the die off would be biblical in proportions.