Reply to Due to tarffis, new warning for EUROPE that $100B in drugs may flee to the US

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[quote=Anonymous]Generic meds in US is like 60-70% made in India.  That's really all you need to know.

Current tariffs to India do NOT include Pharma sales and this is why.  Should he change this, we are all in big ass trouble.  Legit huge trouble and he knows it.

His tariffs raised have been actually very strategic.  He has not upped them v Mexico and Canada given that he's already put them up first round - he seeks to leverage them to negotiate (which big pic prob won't work at least with Canada but maybe a bit with Mexico actually as both stand esp Mexico to really hurt more than US).

He has made exceptions for tariffs hitting semiconductors as well so he is def playing a game.  This is a dumb ass game of course and really what he's doing in raising tariffs is to squeeze China. Let's face it, he has it in for China and his ego wants to beat them so everything he does is really targeted v China.  All the other tariffs are noise - it's really the ones v. China that disrupt global econ when you look at numbers.  There is no bigger player than China in terms of manufacturing globally - they have the market on supply chain except maybe for certain spaces in auto industry.

These tariffs leveraged globally to pin options for China and make them suffer because ultimately it's their exports to US that's the biggest pain for them.  They don't really have an import prob but they def will have an export prob given that Trump is leveraging EU/SE Asia tariffs to limit Chinese options to have a place to export (those countries will serve themselves first before partnering with China).

Trump actually does have a strategy - it's not a good one and it's just unnecessary pain for every single person globally but I understand why he's doing this.  It's totally ridiculous and really mad but that's really his goal - F up China.  I'm not sure that he's gonna win because the Chinese are not idiots!![/quote]

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