Posted at Hartmann Report on Jul. 30, 2025
Even Big Pharma Begged Him Not to, but Trump Did It Anyway
A 15% tariff on EU-branded drugs will make medicine more expensive, sick people sicker, and Big Pharma richer. Trump, doing this illegally, calls that "winning"...
Americans pay more for medications than anybody else in the world. We're the planet's suckers: although everybody on the planet uses, by and large, the same meds, the drugs that carry the highest prices are — you guessed it — ours, the ones sold here in the USA.
And Donald Trump is committed to making it even worse. He's barely been back in the White House six months and he's already lobbed a grenade straight into America's medicine cabinet, and he was grinning when he pulled the pin.
Not only that, he's doing it in violation of the Constitution, which gives the sole power to impose tariffs to Congress; Trump's claiming emergency powers to override Congress' authority, but there is no emergency. He's simply breaking the law, and nobody is holding him to account.
His administration's newly announced 15% tariff on branded European pharmaceuticals — a framework unveiled just days ago — is already sending shock-waves through the healthcare system. And it will jack up the price of lifesaving medicines for millions of Americans.