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13 minutes ago, Phillyterp85 said:

We produce 22% of the entire world's pharmaceuticals.  So what are you talking about. 

One more reply to this

https://www.marketwatch.com/story/china-has-cornered-the-market-on-antibiotics-so-the-u-s-must-rebuild-its-manufacturing-capacity-11619640612

Has this changed since 2021?

"Right now, the U.S. has virtually no capacity to manufacture antibiotics. That’s because China currently controls roughly 90% of the global supply of inputs needed to make the generic antibiotics that treat bronchitis, pneumonia, pediatric ear infections, and life-threatening conditions such as sepsis."

"And according to official data, China exported $7.4 billion in APIs and antibiotics to the United States last year. India, which supplies approximately 40% of generic pharmaceuticals used in the United States, imports nearly 70% of its active ingredients from China. American drug makers are no longer in the business."

I've seen numbers that say that's way too high and we produce 7%. Whatever the numbers are it needs to be higher. We shouldn't be reliant on other countries who may or may not source components from China.

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  • Some quick thoughts on "Liberation Day," also known as "Liquidation Day." Obviously, these tariffs are way beyond anything the market expected. I think very little of Trump and the administration

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12 minutes ago, Paul852 said:

How do the arguments get dumber and dumber as the days go on?

First day?

 

 

4 minutes ago, Diehardfan said:

We should not be importing or reliant on other countries which we have become. But whatever. Go back to railing against the clouds over tariffs.

I see, so you want the government to take over control of the domestic production of medicine so that they control what those companies produce and who they are allowed to sell their product to.  That's a nice little slippery slope towards socialism....

 

 

 

2 minutes ago, Phillyterp85 said:

I see, so you want the government to take over control of the domestic production of medicine so that they control what those companies produce and who they are allowed to sell their product to.  That's a nice little slippery slope towards socialism....

Yeah, I'm saying they should have regulations requiring a higher percentage of essentials be manufactured in the US if you want to sell drugs in the US.

5 minutes ago, Diehardfan said:

One more reply to this

https://www.marketwatch.com/story/china-has-cornered-the-market-on-antibiotics-so-the-u-s-must-rebuild-its-manufacturing-capacity-11619640612

Has this changed since 2021?

"Right now, the U.S. has virtually no capacity to manufacture antibiotics. That’s because China currently controls roughly 90% of the global supply of inputs needed to make the generic antibiotics that treat bronchitis, pneumonia, pediatric ear infections, and life-threatening conditions such as sepsis."

Try again.  From 2021:

https://www.prnewswire.com/news-releases/usantibiotics-reopens-facility-and-returns-antibiotic-production-to-the-united-states-from-china-301365084.html

22 minutes ago, Diehardfan said:

Or you become self reliant for essentials so you don't depend on them.

and the so-called greatest minds of the greatest administration, of the greatest country ever couldn't figure a better way to achieve this other than a trade war with everyone including our allies? 

a good business recovery plan shouldn't include blowing up your partner's place. 

11 minutes ago, Diehardfan said:

Don't forget getting outside, exercise, and eat better WGB so maybe you won't need your antidepressants that aren't working  ;)

Why the need for pharmaceuticals at all? Just take heavy doses of vitamin A and D supplements along with cod liver oil just like your buddy RFK Jr says!

Just now, we_gotta_believe said:

Why the need for pharmaceuticals at all? Just take heavy doses of vitamin A and D supplements along with cod liver oil just like your buddy RFK Jr says!

Well, you absolutely need more vit D. You might not be as miserable.

1 minute ago, Alpha_TATEr said:

and the so-called greatest minds of the greatest administration, of the greatest country ever couldn't figure a better way to achieve this other than a trade war with everyone including our allies? 

a good business recovery plan shouldn't include blowing up your partners/allies. 

Those are other issues.

 

 

 

90 day pause...markets ripping

Quote

 

@realDonaldTrump

Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable. Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!

 

 

29 minutes ago, Phillyterp85 said:

Ireland makes up the largest percentage of our imports of pharmaceuticals, accounting for nearly 25% of our pharma imports. Followed by Switzerland and Germany at 8%, Singapore at 7%, India at 6%, Belgium at 5%, Italy at 5%, and then China at 4%. 

So if something happened that cut off our imports of pharmaceuticals from China, we'd reach out to our other trade partners (that already account for a larger % of our imports) and increase our supply from them.   

 

25 minutes ago, Paul852 said:

This is why global trade is essential because something could happen here that impacts our production. This really isn't that hard to understand.

You guys are stupid. 
 

What do you guys think US pharma manufacturers would do? Centralize the manufacture of something super commonly used, like say saline and other sterile water products, so that if the production facility got knocked off line by a hurricane it would lead to a nationwide shortage thus necessitating having to import said products to make up for the domestic shortage?
 

I mean, thank God that’ll never happen. 

Whoa something just happened. Did we get news about someone caving?

2 minutes ago, vikas83 said:

90 day pause...markets ripping

 

 

Screenshot2025-04-07100802.jpg.a65fef093f0f231e3b4b4ea80c5e81cd.jpg

It's hard to decipher the gibberish, but seems to be a pause on those that did not retaliate. Or does he mean everyone other than China? I think it is the former. Or maybe just the 75 that have reached out? Hard to decipher.

3 minutes ago, vikas83 said:

90 day pause...markets ripping

 

Well looks like Cheeto finally blinked. 

4 minutes ago, vikas83 said:

90 day pause...markets ripping

 

What a Poosay!! 🤣

2 minutes ago, vikas83 said:

It's hard to decipher the gibberish, but seems to be a pause on those that did not retaliate. Or does he mean everyone other than China? I think it is the former. Or maybe just the 75 that have reached out? Hard to decipher.

It sounds like only China are the tariffs still raised against and those vs China are up to 125%

2 minutes ago, Bill said:

Well looks like Cheeto finally blinked. 

I'm actually surprised. 

  • Author
34 minutes ago, Diehardfan said:

Or you become self reliant for essentials so you don't depend on them.

It is all dependent on what you are ready to defend.  If you produce 90% in Maine and Canada takes Maine you'd be Fed as well.  If you simply continue on with NATO then there isn't a problem.

 

BREAKING NEWS:  Trump backs down.  What a pooseye.

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