President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1. ... [T]he additional tariffs risk intensifying inflation that is already elevated, as well as slowing economic growth, as employers getting acclimated to Trump's previous import taxes grapple with new levels of uncertainty.
The pharmaceutical companies had already hiked prices last year, and now Dummkopf Trumpf is putting a tariff on foreign drug imports? Americans are already struggling to make ends meet and borrowing money from corporate shylocks just to buy groceries. Hamburger Helper sales are going up. The Trumpf junta is simply pauperizing, immiserating, and punishing the poor,
Just wait until the effects of the 'BBB' go into effect next year. Wow: i.huffpost.com
Links:
That's fine, because he's promised to reduce pharmaceutical prices 1000%
I'm sure this will do it.
Fact check: Trump's mathematically impossible promise to cut drug prices by 1,000%'
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