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submitted 2 days ago by Daryl@lemmy.ca to c/canada@lemmy.ca

Can anyone make sense of this article? Seems absolutely full of contradictions.

Trump threatens to increase imports of pharmaceuticals into America. Trump threatens increased tariffs on pharmaceuticals. Somehow, American pharmaceutical companies will export drugs cheaply to Canada and then import them back to America and sell them cheaper than they can sell the drugs kept back in America. The world is seemingly dependent on American pharmaceutical firms. India makes most of the world's generic drugs. Canadian drug plans are, by and large, really pushing for the substitution of generics for brand names for reimbursement purposes. Drugs are a lot cheaper in Canada. Somehow, Canada is supposed to import the drugs made in India through American channels, paying American tariffs, instead of directly from India. So Americans can buy them back cheaper than Canadians pay. The ''free enterprise' system, as exemplified by the American drug producers, will always result in the lower price. No American government, Republican or Democrat, has been remotely successful in bringing down American drug costs. There are too many rich people who can afford to pay absurdly high costs for drugs. The top 10% of American income earners is still equal to the entire population of Canada. That is a LOT of demand for drugs-at-any-cost. The Republican "Keep government out of private enterprise" party wants the American federal government to be more like our Canadian government in being able to regulate pharmaceutical profits and drug costs. Instead of wanting Canada to join America, several States want to join Canada when it comes to securing lower drug costs. Trump wants Canadians to pay more for drugs so Americans can get them cheaper. Somehow, wait for it, according to Trump's non-logic America is subsidizing the costs of drugs in the rest of the world, and 'The National Security of America' is at risk.

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[-] DarkWinterNights@lemmy.world 4 points 2 days ago
this post was submitted on 18 May 2025
18 points (87.5% liked)

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