Trump: US will be paying most favored nations price | Crypto Craft

  • Trump: US will be paying most favored nations price

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Vancarbon
Sep 30, 2025 12:54pm
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In fairness it’s actually good for any government to rein in these pharmaceutical companies , their extortionate pricing policies are generally correlated to the highest bidder price structure .

Can’t fault any government for addressing this despite the well trodden narrative “ it’ll inhibit R&D “ from big pharmaceutical corporations .

Not sure why its taken so long to be honest
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fx6996
Sep 30, 2025 11:16am
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Where are all the Trump haters now?

Just ANOTHER accomplishment FOR THE AMERICAN CITIZENS

Ok here come the haters...
Reply
ww3361
Sep 30, 2025 11:28am
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Quoting fx6996
Where are all the Trump haters now? Just ANOTHER accomplishment FOR THE AMERICAN CITIZENS Ok here come the haters...
I’ve got a broken watch that is still right sometimes.

Time will tell.
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fx6996
Sep 30, 2025 2:31pm
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Quoting Vancarbon
Not sure why its taken so long to be honest
Because of the lobbyists - plain & simple.

ALL POLITICANS bow to the lobbyists and their money - except Trump (so far...)
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Schultz
Sep 30, 2025 1:53pm
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Quoting Trader#BC25
{quote}> Long live glorious Trump
> Liberals heads are going to explode
> Just ANOTHER accomplishment FOR THE AMERICAN .
You speak of irony. Be seated.

Bernie Sanders proposed legislation ten years ago to prohibit charging Americans more than 110% of the lowest price for which they sold a drug anywhere else in the world. It applied to about 100 specified medicines.

It didn't get sufficient support. Sanders is a commie.
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Schultz
Oct 1, 2025 3:22am
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Quoting Vancarbon
{quote} I genuinely hope he can work on the gun laws , whilst staying within the constitutional framework . It’s so sad , week in- week out to see the carnage due to lax regulation .
Change the Constitution. America has amended its Constitution many times.

See my post above - Australia had to change its constitution to allow the necessary legislation to be passed for the PBS to come into effect. A referendum is quite a big deal - they rarely pass.
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h3nkymc
Sep 30, 2025 11:34am
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Quoting ww3361
{quote} I’ve got a broken watch that is still right sometimes. Time will tell.
LOL.. yes..broken and dead watch still be right twice a day.
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Trader#BC25
Sep 30, 2025 12:29pm
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Quoting Polimini
Americans just discovered how to negotiate prices. Not sure what's more pathetic, that they never did it before, or that the first one to do it is the orange baboon. Truly a "special" country.
A pissant country with under 30 million people (Australia) has a Pharmaceutical Benefits Scheme that TRUMPS this,,,, by a fucking country mile. Envious much,,,,, Trump?

Heard of the old saying.... don't piss in my pocket and then tell me that it's all nice and warm?

Trump is doing this to you right now. And you know what the funny thing is.... Some {dumb} people damn well love it. And will defend it, to the damn death. How's the IRONY in that for ya to chew on,,,, like a juicy handful of wet tobacco.


> Long live glorious Trump
> Liberals heads are going to explode
> Just ANOTHER accomplishment FOR THE AMERICAN CITIZENS

Shall I go on?
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luisinho
Oct 1, 2025 4:14am
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Quoting Trader#A306
Long live glorious Trump - the king of freedom and emperor of good people's hearts!
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OutThere
Oct 1, 2025 6:50am
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This is a rip off compared to his previous claim:
"We're going to get the drug prices down not 30 or 40% which would be great Not 50 or 60 No we're going to get them down 1,000% 600% 500% 1,500%."
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mae4206
Sep 30, 2025 12:00pm
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Remember TACO
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Polimini
Sep 30, 2025 12:15pm
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Americans just discovered how to negotiate prices.
Not sure what's more pathetic, that they never did it before, or that the first one to do it is the orange baboon. Truly a "special" country.
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dleroyj
Sep 30, 2025 12:22pm
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There's been constant debate for years about giving Medicare and Medicaid the ability to negotiate drug prices with the pharms. Guess what our politicians didn't allow it. I don't know if the republicans or democrats blocked it. I could find out, but it's not worth my time. Don't act like this is something only Trump thought of.
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Vancarbon
Sep 30, 2025 12:28pm
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Quoting Trader#A306
Long live glorious Trump - the king of freedom and emperor of good people's hearts!
Can I ask who supplies your gear ?

I want to put an order in asap , it’s obviously bloody good stuff .
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Vancarbon
Sep 30, 2025 1:39pm
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Quoting Schultz
{quote} . Clearly pharma companies do nothing to breach these laws. They a good corporate citizens, possibly a lot like, say, Meta and Microsoft.
..
I can ( quite literally ) feel the sarcasm oozing from your pores as you said that
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Vancarbon
Sep 30, 2025 2:51pm — Edited
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Quoting fx6996
{quote} Because of the lobbyists - plain & simple. ALL POLITICANS bow to the lobbyists and their money - except Trump (so far...)
I genuinely hope he can work on the gun laws , whilst staying within the constitutional framework .

It’s so sad , week in- week out to see the carnage due to lax regulation .
Reply
fx6996
Sep 30, 2025 2:27pm
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Quoting Schultz
Governments in other countries have had in place, some for many decades, civilised and known arrangements with pharm companies as to supply and pricing for many (by no means all) prescribed medications. Trump sent letters to seventeen drug companies in July telling them to slash drug prices to match those paid overseas or they will face “every tool in our arsenal” against “abusive drug pricing”. I guess that's another way of getting things done. The Trump way.
The Trump Way (TTW) - yes it is abrasive and in your face; personally not the way I do it - but the results are: well so far so good.
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fx6996
Sep 30, 2025 2:29pm
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Quoting Trader#551B
{quote} Funny you mention that. Looks like they wont be "importing" as much anymore. Another misconception you have about tariffs is you think tariffs are only used to protect big businesses. While that maybe true to some extent, they are also used to protect citizens. By enforcing tariffs on businesses, it forces them grow inside the country instead of forcing citizens out of jobs by moving their manufacturing overseas for higher profits supplied with cheap labor. By making big pharma invest in the USA, citizens get jobs: tradesmen, architects,...
Too bad I can't give you more than 1 thumbs up!. Someone else who can see the forest from the trees
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fx6996
Sep 30, 2025 2:33pm
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Quoting Schultz
{quote} And I mostly stopped reading there. You have done it before. I'm not interested in chasing strawman caricatures. In the meantime, it may be productive to read up on a concept known as comparative advantage. It is not intuitive, so thought, and a pen and paper to do some basic calculations, may be necessary.
Want to borrow my iphone to figure it out? It is the 21st century Schultz
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Polimini
Oct 1, 2025 4:49am
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Quoting Schultz
{quote} I can imagine being sprayed with bullets might hurt a bit, but there are over the counter drugs for pain. I guess it's when the wounds get all infected and smelly and flies start breeding that you have to introduce heavy duty medication. Should gangrene set in, that is amputation time and surely that must be covered by some scheme? Anyway, I guess that must all be accepted as the unavoidable cost of preserving constitutional liberty.
The other guy was willing to die for that freedom. I wonder if he would still feel the same if he could feel anything right now
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Polimini
Oct 1, 2025 9:31am
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Quoting OutThere
This is a rip off compared to his previous claim: "We're going to get the drug prices down not 30 or 40% which would be great Not 50 or 60 No we're going to get them down 1,000% 600% 500% 1,500%."
"free candy for everyone"
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Polimini
Oct 1, 2025 9:54am
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Quoting Schultz
{quote} Better than free dude. 100% off and only one is free. 200% off you get two candys for free. etc. I'm making this up. It is hypothetical. I'm not sure how it would work.
I was going more for the grifter angle. Remember it's the same guy that sold melania and trump coins
But sure you are right.
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Polimini
Oct 1, 2025 11:11am
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Quoting Schultz
{quote} I knew about Trump coins. He sold off Melania as well? Money for nothing and your chicks for free...
yep, and there was another crypto thing before those, World Liberty Financial. Look it up, all real.
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Nick.
Sep 30, 2025 5:06pm
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Quoting fx6996
Where are all the Trump haters now? Just ANOTHER accomplishment FOR THE AMERICAN CITIZENS Ok here come the haters...
And another win for the American people. Well, some of them.

Inserted Video
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Schultz
Sep 30, 2025 12:05pm — Edited
Permalink
Governments in other countries have had in place, some for many decades, civilised and known arrangements with pharm companies as to supply and pricing for many (by no means all) prescribed medications.

Trump sent letters to seventeen drug companies in July telling them to slash drug prices to match those paid overseas or they will face “every tool in our arsenal” against “abusive drug pricing”.

I guess that's another way of getting things done. The Trump way.
Reply
Schultz
Sep 30, 2025 1:04pm
Permalink
Quoting Trader#0598
{quote} Yes, I do know what tariffs are. I also know his excessive use of tariffs brought big pharma to the negotiating table with a quickness which ended up lowering the cost of medicine for people across the board. Something no other administration has ever done before. Tariffs also got the big pharma industry to invest in over $80,000,000,000 in new manufacturing facilities right here in the USA. Why does that upset you?
Tariffs would have protected Pfizer. There is no logic. Explain.

That is very cool about the $80 billion in new drug manufacturing facilities. Pharm in the US must be a nice little earner.
Reply
Schultz
Sep 30, 2025 1:22pm
Permalink
Quoting Vancarbon
In fairness it’s actually good for any government to rein in these pharmaceutical companies , their extortionate pricing policies are generally correlated to the highest bidder price structure . Can’t fault any government for addressing this despite the well trodden narrative “ it’ll inhibit R&D “ from big pharmaceutical corporations . Not sure why its taken so long to be honest
In America the laws to prevent anti-competitive behaviour are called "anti-trust". In other countries they are generally called something like the Competition Act.

These laws exist to prevent firms with market power (the opposite of price takers) from misusing that market power.

They are generally overseen by a government agency headed by economists and lawyers, who then invoke the judicial system to "rein in" or punish any naughtiness.

Clearly pharma companies do nothing to breach these laws. They a good corporate citizens, possibly a lot like, say, Meta and Microsoft.
Reply
Schultz
Sep 30, 2025 1:31pm
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Quoting Trader#551B
{quote} You think Pfizer is solely operated inside the USA. I see why Trumps use of tariffs against said pharmaceutical company confuses you. Ever hear of the American company Apple Inc?
Pfizer is an American company which has manufacturing plants in the US. Should it import drugs into the US that it manufactured outside of the US they are still exempt from tariffs, while at the same time being afforded protection from competition by tariffs imposed on other importers.

To the extent that they import drugs manufactured by a company not exempt (I'm not sure, let's say German Bayer), then the position is not so clear. That bit is confusing, and probably irrelevant anyway.
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Schultz
Sep 30, 2025 1:58pm
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Quoting Trader#551B
{quote} Funny you mention that. Looks like they wont be "importing" as much anymore.

Another misconception you have about tariffs is you think tariffs are only used to protect big businesses. .
And I mostly stopped reading there. You have done it before. I'm not interested in chasing strawman caricatures.

In the meantime, it may be productive to read up on a concept known as comparative advantage. It is not intuitive, so thought, and a pen and paper to do some basic calculations, may be necessary.
Reply
Schultz
Oct 1, 2025 2:40am
Permalink
Quoting Trader#F3E3
{quote} Pfizer has manufacturing facilities around the world and would not have been exempt from Trump's tariffs. When are you guys going to accept you were wrong and stop making stuff up? There are numerous articles and "presidential tweets" about this. It was even mentioned in today's press conference.
Well, the least you could do is quote your sources. I will quote mine. Just because you are just another anonymous frightened bot doesn't make you exempt from acknowledging established practices.

Anyway, that is not how I previously read the provisions for exemptions from tariffs for drugs, but you may actually be right.

I don't have access to the full transcript of the executive order, but rather what Trump posted on Truth.

If my reading was incorrect, that is pretty rough on drug companies with established drug making facilities in the US. They might argue, well construction started in 1995...or whatever. I dunno. Weird.

I am going by a Reuters report which says

The United States will impose a 100% tariff on imports of branded or patented pharmaceutical products from October 1, unless a pharmaceutical company is building a manufacturing plant in the U.S., President Donald Trump said on Thursday.

"There will, therefore, be no Tariff on these pharmaceutical products if construction has started," Trump said on Truth Social.
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Schultz
Oct 1, 2025 3:01am
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Quoting fx6996
{quote} Want to borrow my iphone to figure it out? It is the 21st century Schultz
Thankyou, but no.

A whiteboard or similar would actually be preferable to be able to draw some graphs, too, perhaps with some straight and convex to the origin lines.

Those of us who have attended lectures grow to appreciate this old school technology.
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Schultz
Oct 1, 2025 3:16am — Edited
Permalink
Quoting fx6996
{quote} Because of the lobbyists - plain & simple. ALL POLITICANS bow to the lobbyists and their money - except Trump (so far...)
Australia changed its Constitution by a referendum in 1946 to enable what is known as the Pharmaceutical Benefits Scheme. Someone mentioned the Australian PBS in this thread a bit further up.

And yes, Australia too has always had very powerful lobbyists, both in Australia and previously from England. That's no excuse.

https://en.wikipedia.org/wiki/1946_A...ocial_Services)
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Schultz
Oct 1, 2025 3:42am
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Quoting Polimini
They can now get cheaper medication for the bullet wounds, it's not all a loss.
I can imagine being sprayed with bullets might hurt a bit, but there are over the counter drugs for pain.

I guess it's when the wounds get all infected and smelly and flies start breeding that you have to introduce heavy duty medication.

Should gangrene set in, that is amputation time and surely that must be covered by some scheme?

Anyway, I guess that must all be accepted as the unavoidable cost of preserving constitutional liberty.
Reply
Schultz
Oct 1, 2025 9:49am
Permalink
Quoting Polimini
{quote} "free candy for everyone"
Better than free dude. 100% off and only one is free.

200% off you get two candys for free.

etc. I'm making this up. It is hypothetical. I'm not sure how it would work.
Reply
Schultz
Oct 1, 2025 10:37am
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Quoting Polimini
{quote} I was going more for the grifter angle. Remember it's the same guy that sold melania and trump coins But sure you are right.
I knew about Trump coins. He sold off Melania as well?

Money for nothing and your chicks for free...
Reply
Trader#551B
Sep 30, 2025 1:41pm
Permalink
Quoting Schultz
{quote} Pfizer is an American company which has manufacturing plants in the US. Should it import drugs into the US that it manufactured outside of the US they are still exempt from tariffs.
Funny you mention that. Looks like they wont be "importing" as much anymore.

Another misconception you have about tariffs is you think tariffs are only used to protect big businesses. While that maybe true to some extent, they are also used to protect citizens. By enforcing tariffs on businesses, it forces them grow inside the country instead of forcing citizens out of jobs by moving their manufacturing overseas for higher profits supplied with cheap labor. By making big pharma invest in the USA, citizens get jobs: tradesmen, architects, manufacturing technicians, process technicians, quality insurance, sales and marketing, engineering, biochemists, lab technicians, micro biologists, etc... this list is so long. This also keeps more money circulating inside the country which creates even more jobs. All the TDS users plaguing this board screaming about tariffs have no idea what tariffs are for and the impact they have on the economy overall. This is just the beginning.
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Polimini
Sep 30, 2025 1:57pm
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King Trump, may he be healthy and rule for very long.
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Polimini
Oct 1, 2025 3:26am
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They can now get cheaper medication for the bullet wounds, it's not all a loss.
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Nick.
Sep 30, 2025 12:24pm
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So fentanyl, sorry opioids, come in at a discount now, and the government is the number one drug dealer, sorry distributor.

TRUMP: DRUGS WILL BE AVAILABLE THROUGH GOVERNMENT WEBSITE
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Schultz
Sep 30, 2025 12:19pm
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Quoting Trader#0598
Liberals heads are going to explode when they find out tariffs brought down the price of medical prescriptions
Do you know what tariffs are?
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Trader#0598
Sep 30, 2025 11:33am
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Liberals heads are going to explode when they find out tariffs brought down the price of medical prescriptions
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Trader#A306
Sep 30, 2025 11:35am
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Long live glorious Trump - the king of freedom and emperor of good people's hearts!
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Bart998
Sep 30, 2025 11:17am
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instead for restrictive fiscal policy, the guy is trying everyone to pay congress mistakes
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Trader#551B
Sep 30, 2025 12:28pm
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Quoting Schultz
Governments in other countries have had in place, some for many decades, civilised and known arrangements with pharm companies as to supply and pricing for many (by no means all) prescribed medications. Trump sent letters to seventeen drug companies in July telling them to slash drug prices to match those paid overseas or they will face “every tool in our arsenal” against “abusive drug pricing”. I guess that's another way of getting things done. The Trump way.
That a nice made up take of what happened - OR - you could have watched the live press conference with the CEO of Pfizer and everyone involved in the negotiating process speak about this historic deal that will save Americans money on prescription drugs.
Reply
Trader#0598
Sep 30, 2025 12:38pm
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Quoting Schultz
{quote} Do you know what tariffs are?
Yes, I do know what tariffs are. I also know his excessive use of tariffs brought big pharma to the negotiating table with a quickness which ended up lowering the cost of medicine for people across the board. Something no other administration has ever done before. Tariffs also got the big pharma industry to invest in over $80,000,000,000 in new manufacturing facilities right here in the USA. Why does that upset you?
Reply
Trader#551B
Sep 30, 2025 1:11pm
Permalink
Quoting Schultz
{quote} Tariffs would have protected Pfizer. There is no logic. Explain. That is very cool about the $80 billion in new drug manufacturing facilities. Pharm in the US must be a nice little earner.
You think Pfizer is solely operated inside the USA. I see why Trumps use of tariffs against said pharmaceutical company confuses you. Ever hear of the American company Apple Inc?
Reply
Trader#F3E3
Sep 30, 2025 2:24pm
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Quoting Schultz
{quote} Pfizer is an American company which has manufacturing plants in the US. Should it import drugs into the US that it manufactured outside of the US they are still exempt from tariffs
Pfizer has manufacturing facilities around the world and would not have been exempt from Trump's tariffs. When are you guys going to accept you were wrong and stop making stuff up? There are numerous articles and "presidential tweets" about this. It was even mentioned in today's press conference.
Reply
Trader#BC25
Sep 30, 2025 11:57am
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My goodness. So many mindless fools that beat their heads to somebody else's drum.

Almost like clockwork....

Inserted Video
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Trader#E1A5
Sep 30, 2025 12:07pm
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As a compensation we need melania for a weekend…
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Trader#0DBB
Sep 30, 2025 12:53pm
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A slap to your Obamacare Socialist Healthcare.
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Trader#551B
Sep 30, 2025 2:12pm
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Quoting Schultz
{quote} And I mostly stopped reading there.
No surprise there.
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Trader#5418
Sep 30, 2025 12:06pm
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Quoting Trader#A306
Long live glorious Trump - the king of freedom and emperor of good people's hearts!
The delusion is strong with this one....
Reply
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