Follow today’s news liveGet our breaking news email, free app or daily news podcastMedicines Australia CEO on Trump’s proposed pharmaceuticals tariffs: ‘There isn’t detail’It’s unclear whether US president, Donald Trump’s, proposed 200% tariffs on pharmaceuticals “will ever actually be applied,” CEO of Medicines Australia, Elizabeth de Somer, says.There isn’t detail, and it’s unclear whether those tariffs will ever actually be applied.We do know that the contributions from the pharmaceutical industry in the US to that investigation has been to urge the US government to focus their levers on non-friendly countries and not apply tariffs or punitive levers to allies such as Australia.It actually takes all of us swinging behind this, but the government really, really needs to do whatever it can, because this is a big dividend for Australia.This is actually Australia at its best when there’s a middle power … out advocating on the global stage for something that is of the community and global benefit and interest. Continue reading...
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