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xrayphoton13 said:
www.bbc.com

Trump: Tariffs on Indian drugs will be a bitter pill for Americans - BBC News

Nearly half of all medicines consumed in the US come from India. Tariffs will make them expensive.
www.bbc.com www.bbc.com
This popped up on my news feed today
Click to expand...

Thanks for that.

A couple of points.

These tariffs aren't going to affect drugs being illegally imported, When they're found, they're usually seized.

The tariffs aren't unlikely to go into effect anyway, India imposes huge tariffs on the tiny amount of American drugs we sell to India. This is unfair. The most likely outcome is India will stop charging outrageous tariffs on US made drugs, and tariffs won't be imposed on theirs,

Unfortunately the biggest threat is customs just getting much more efficient at figuring out what's in small packs and seizing more of them,

But the focus will be on China packs first, so hopefully we're got time before it impacts India pharma too much.

In the meantime, I plan to keep 3-7 years of "essential" meds. The blister packs India uses to protect tabs will keep them in good condition for a very, very long time. Put them in a mylar bag in a drawer in the fridge and you're probobly looking at 10 years+ for the vast majority.
 
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SpaceGhost said:
It was only a matter of time. He's hitting everyone with tariffs.
Click to expand...

This is what's meant by reciprocal tariffs.

Charging the same tariffs on your products that you charge on ours.

They do it to make American made products less competitive and harder to sell in their country, while enjoying being able to sell their goods in ours, tariff free. Free trade in one direction only, apparently, with American products (and companies, and ultimately workers) at a disadvantage.

Considering India is gong to drop their tariffs on American drugs so they don't get the same treatment, it makes you wonder why this unfair trade arrangement was ever tolerated.

There's only one small antibiotic factory left in the US, and it was barely surviving until the government subsidized it.
 
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Ghoul said:
This is what's meant by reciprocal tariffs.

Charging the same tariffs you charge on ours.

Considering India is gong to drop their tariffs on American drugs so they don't get the same treatment, it makes you wonder why this unfair trade arrangement was ever tolerated.
Click to expand...
Soooo many things were tolerated, but the problem with making things even right now is that you and I are gonna suffer. I don’t know about you, but I don’t want to pay more for anything.
 
BamaCrazy said:
Doesn’t hurt to ask what? Stan is in the US and only ships within the US. To be an international source you need to be located outside the US at a minimum. This is what happens when someone dumber than the person asking to be spoon fed tries to spoon feed. lol
Click to expand...

Its not just one person trying to find something useful on this thread. Believe me its far from spoon feeding when we have to jump thru brain death comments and senseless conversations.

Most of us dont have the time nor do we want to live on a forum to feel some kind of acceptance from society.

So yes i will “spoon feed” as necessary
 
fatsoneedstrt said:
Its not just one person trying to find something useful on this thread. Believe me its far from spoon feeding when we have to jump thru brain death comments and senseless conversations.

Most of us dont have the time nor do we want to live on a forum to feel some kind of acceptance from society.

So yes i will “spoon feed” as necessary
Click to expand...
I promise not to tell your Reddit friends that you’re hanging out with us now instead
 
The irony of complaining about trade imbalances on a Chinese UGL thread never escapes me :D . Anyway, antibiotic factories closing down in the us is not because of trade imbalance. It's because of Shareholder bank balance. Pharma companies aren't charity organizations. If not for government backing they won't even make vaccines. Generics are cheap as hell and there is little money to be made from them. Make tariffs 700% all you want, they will not invest in plants for local manufacture of generics. Instead they would wait for a crippling shortage and lobby government to allow them import for cheap and sell at shortage pricing to ease "pressure due to increase demand"
 
Ghoul said:
This is what's meant by reciprocal tariffs.

Charging the same tariffs on your products that you charge on ours.

They do it to make American made products less competitive and harder to sell in their country, while enjoying being able to sell their goods in ours, tariff free. Free trade in one direction only, apparently, with American products (and companies, and ultimately workers) at a disadvantage.

Considering India is gong to drop their tariffs on American drugs so they don't get the same treatment, it makes you wonder why this unfair trade arrangement was ever tolerated.

There's only one small antibiotic factory left in the US, and it was barely surviving until the government subsidized it.
Click to expand...

It is tolerated because each country has different industries and priorities that they want to protect. What good would there be to want equal tariffs on something that is barely profitable? This is the problem with things like chemicals and agriculture.

So for example, though we export more chemicals than electronics, the margin on chemicals is shit compared to electronics. One has net margins of maybe 10-15% while the other is around 40-50%.

For other nations however, they may not have tech like we do. So instead they tariff stuff they can actually make. Maybe that is chemicals. That way they can give their industries an advantage similar to how we tariff Chinese tech to give ours a boost. Almost all countries do this. They try to protect the things they value most. Tit for tat on similar items wouldn't make sense.

As for why we dont have generic drug factories... thats obvious. It has nothing to do with trade. They are not profitable. Because the minute any generic becomes profitable, someone else will jump in and pummel margin and it will be a race to the bottom. No idiot is going to build a business on something they cannot patent unless its micro size labs.

So if you want to see more generics made here, what you need to do is lobby to make it easier to open small drug manufacturing plants run by ma and pa. Those guys will not mind the smaller margins. They can probably survive on smaller volume as well. Problem here however... good luck keeping them safe. Ma and pa are notorious for cutting corners and monitoring them would cost an inordinate amout of money. You can try to leave it to customers to decide... problem with that is some drugs are killers.

I am actually for making it easier to build micro businesses. I would just make it a buyer beware sort of thing. No different than us here buying from UGL. In time we developed ways to test products and we coalesce around known sources. But how many people were hurt or ripped off along the way? How long did it take? Bottom line, no big business is going to make these generics. Its not worth it and its rife with risk.
 
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Ghoul said:
In the meantime, I plan to keep 3-7 years of "essential" meds. The blister packs India uses to protect tabs will keep them in good condition for a very, very long time. Put them in a mylar bag in a drawer in the fridge and you're probobly looking at 10 years+ for the vast majority.
Click to expand...
damn how big is your fridge drawer that you can fit 3-7 years worth in there? I have about 1 years worth and it would take up about 2/3s of my drawer
 
BamaCrazy said:
Doesn’t hurt to ask what? Stan is in the US and only ships within the US. To be an international source you need to be located outside the US at a minimum. This is what happens when someone dumber than the person asking to be spoon fed tries to spoon feed. lol
Click to expand...
Nah bro. He’ll pay extra for them to ship it to China then back to the US. He’s got money to spare.
 
fatsoneedstrt said:
Its not just one person trying to find something useful on this thread. Believe me its far from spoon feeding when we have to jump thru brain death comments and senseless conversations.

Most of us dont have the time nor do we want to live on a forum to feel some kind of acceptance from society.

So yes i will “spoon feed” as necessary
Click to expand...
You missed the point. You are spoon feeding incorrect information. You are trying to help a lazy new member by pointing them in the wrong direction. Wait. Now that I think about it, that’s perfect. Good job. Keep up the good work. lol

Blind leading the blind.
 
Middus said:
The irony of complaining about trade imbalances on a Chinese UGL thread never escapes me :D . Anyway, antibiotic factories closing down in the us is not because of trade imbalance. It's because of Shareholder bank balance. Pharma companies aren't charity organizations. If not for government backing they won't even make vaccines. Generics are cheap as hell and there is little money to be made from them. Make tariffs 700% all you want, they will not invest in plants for local manufacture of generics. Instead they would wait for a crippling shortage and lobby government to allow them import for cheap and sell at shortage pricing to ease "pressure due to increase demand"
Click to expand...
Ghoul is one of those shareholders.
 
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