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Major trade battle looming between Australia and the United States with potential to severely damage, if not destroy, the relationship.

Trump administration reportedly has sights set on the country's vaunted Pharmaceutical Benefits Scheme that delivers affordable medicines to tens of millions of Australians.

#auspol #uspol
Source: https://www.theage.com.au/politics/federal/australia-on-alert-over-trump-attacks-on-cheaper-medicines-20250314-p5ljkt.html (please don't click it, it's a horrible fucking company used in this instance with extreme regret) Text: Australia on alert over Trump attacks on cheaper medicines By David Crowe and Millie Muroi March 15, 2025 — 4.00am Australians face a challenge to the $18 billion federal scheme that cuts the cost of essential medicines after US President Donald Trump ramped up his threat to impose trade barriers on pharmaceuticals to protect American companies. Health advocates are warning against any move by the Trump administration to target the subsidies under plans to impose reciprocal tariffs on dozens of countries from next month, after years of complaints from US companies about the hit to their profits from the way Australia controls prices.
#auspol #uspol
Hugs4friends ♾🇺🇦 🇵🇸😷
Australia pays full price, then subsidises percentages, to make them affordable. The blatant lies, from the #TangerineTurd, are coming thick and fast.
#tangerineturd
Hugs4friends ♾🇺🇦 🇵🇸😷
Yep. He's on a tear, probably being egged on by the #KetamineKid
#ketaminekid
Hugs4friends ♾🇺🇦 🇵🇸😷
Aren't his domestic stupidities enough to cause another GFC?
LovesTha🥧
and that single buyer aspect helps us even when the government doesn't subsidise the drugs. We pay ~20% of what the US pays for Ozempic. (Which the government only subsidises for diebetics, but everyone gets the better negotiated price)
⇧