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JohnSJ

(98,883 posts)

46. First, this has to be approved by Congress. His executive order won't do diddly. Second, he has said he will be

Mon May 12, 2025, 06:57 AM

May 12

announcing tariffs on pharmaceuticals soon, so will those tariffs offset any supposed price reduction if congress approves this?

At the same time a likely result of this will be for pharmaceuticals to increase their drug prices overseas to keep their margins, and that will keep drug prices here above a certain minimum.

The unknown part is will this create drug shortages, and if so, shortages will cause price increases.

So the Republican Party through their president now wants price controls, but the way they are proposing it may actually increase prices.

It will be interesting to see what happens, but I think the potential for unintended consequences are huge, especially in regard to potential shortages, his promised tariffs on drugs, and if the prices go up on international drug prices, will that keep the drug prices here still high?

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Trump to sign executive order to cut prices of medicine to match other countries [View all] highplainsdem May 11 OP

Full post. Expects nationalized medicine in other countries to pick up some of the difference underpants May 11 #1

Thanks! highplainsdem May 11 #6

New grift enid602 May 11 #30

That won't last long. Some well-placed 'donations' will put it in the memory hole. Norrrm May 11 #2

This could be another market manipulation, too. highplainsdem May 11 #5

THIS NotHardly May 11 #8

Well, he doesn't consider it "winning" unless he thinks it's at somebody else's expense. Beartracks May 11 #3

He's a sadist. highplainsdem May 11 #7

I think the net effect of this tariff scheme will be to strangle supply, not actually lower prices. . . . nt Bernardo de La Paz May 11 #4

I agree. Price controls cause supply shortages VMA131Marine May 11 #27

yeah, we have to stop looking at the term "executive order" NJCher May 12 #38

Does this mean the weekend negotiations with China weren't productive? Raven123 May 11 #9

Like Big Pharma will stand for THAT. 50 Shades Of Blue May 11 #10

More lies Jughead May 11 #11

Put this in homegirl May 11 #17

I wonder if he actually will try to executive order universal healthcare into existance SSJVegeta May 11 #29

Getting ready to post the same thing. Another CON JOB for the Markets. Bengus81 May 12 #59

dim's about to show the world--even the cult--how much power an EO DOESN'T have. nt Grokenstein May 11 #12

Big Pharma better open their checkbook for the felon. travelingthrulife May 11 #13

Except for companies which pay a nice big bribe. Irish_Dem May 11 #14

Is Trump's order aimed at Mark Cuban's Cost-Plus Pharma pricing? bucolic_frolic May 12 #54

Trump does nothing unless it benefits himself in some way. Irish_Dem May 12 #55

I doubt it will happen NewEnglandAutumn May 11 #15

similar words NJCher May 12 #39

He does not need an executive order bmichaelh May 11 #16

He's done and said several things this weekend that make me think the repukes know they are underwater in '26 Cheezoholic May 11 #18

Gotta get that jet off the front page . . . Journeyman May 11 #19

King Trump Smackdown2019 May 11 #20

He might as well write an EO to declare every day will be sunny and fair weather Bluetus May 11 #21

in a recent interview NJCher May 12 #40

Part of it is Trump's insanity and ego Bluetus May 12 #61

I'm confused by the Turd's fallacious logic. Tarzanrock May 11 #22

This EO is completely meaningless. It has no legal authority at all. But for sake of argument Bluetus May 11 #24

Say there, Crackpot Turd, just how are we "saving" ... Tarzanrock May 11 #23

That's easy: he did not say per year...or even per decade. In fact, he didn't give any timeframe. Ol Janx Spirit May 11 #25

I see this as a blame-shifting maneuver. He's going to say he did his part, and RockRaven May 11 #26

An Exexcutive Order can't change prices. James48 May 11 #28

in his dreams NJCher May 12 #41

I find it so hard to make sense of the world Trump lives in. applegrove May 12 #31

you might be interested in what the Canadian expert said NJCher May 12 #42

Drug prices will continue to go up. Tarzanrock May 12 #32

Nice idea for generic drugs Warpy May 12 #33

I would interpret this more along the lines of NJCher May 12 #43

Congratulations on your 40,000 post milestone. niyad May 12 #62

Thank you! NJCher May 12 #63

If you think that you are being "ripped" off by the pharmaceutical industries and by the insurance industries ... Tarzanrock May 12 #34

DONNIE! REALITY DOESNT WORK THIS WAY! flying rabbit May 12 #35

Here come major drug shortages Akakoji May 12 #36

Yeah right. The gop (let alone maga) only do things to make themselves and their criminal friends money. C Moon May 12 #37

As useful as Michael Scott declaring bankruptcy. FiveFifteen May 12 #44

Clueless Botany May 12 #45

If other countries drug prices go up, depending how high they go up, based on his proposal, our prices will be JohnSJ May 12 #47

Other nations make pharmaceuticals too and what those manufacturers and other nations Botany May 12 #48

Yes they do, and it is even more complicated because many of the U.S. pharmaceutical companies have partnerships or JohnSJ May 12 #50

One of the reasons our prescription drugs cost so much is that we (I think) are the only ... Botany May 12 #60

First, this has to be approved by Congress. His executive order won't do diddly. Second, he has said he will be JohnSJ May 12 #46

Which will have absolutely nothing to do with the price of drugs. Scrivener7 May 12 #49

Dems messaging is horrible gab13by13 May 12 #51

Yes but now we have pharma without research b/c government funding is neutered. bucolic_frolic May 12 #52

Saw this on Raw Story gab13by13 May 12 #53

More lip service k_buddy762 May 12 #56

He doesn't have the authority to do it without congress. The companies will take him to court and win. everyonematters May 12 #57

Is the the EO that the Republican congress going to rebel on? LiberalArkie May 12 #58