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Big Pharma plans on fighting Trump's Buy American EO

Posted on 3/26/20 at 8:17 am
Posted by RocketPower
Member since Jan 2020
404 posts
Posted on 3/26/20 at 8:17 am
quote:

NEW: I've obtained a draft letter from the Association for Accessible Medicines that shows a coalition of Big Pharma groups and right-leaning free market orgs are preparing to oppose Trump's proposed "Buy American" executive order:


LINK
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 3/26/20 at 8:18 am to
frick them. Globalists are scum and are all on the same team. There are no "right wing" globalists.
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
7028 posts
Posted on 3/26/20 at 8:20 am to
Of course they are, and they have a right to do it. That doesn't mean it's ethical or benefits the public, but they have a service to provide that they make money on, so they're free to do whatever they deem to be in the best interest of their organization.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89542 posts
Posted on 3/26/20 at 8:22 am to
All we have to do is have Medicare and VA have a preference for USA made and a stricter cap on non-USA made. Also, simple enough to throw a little tax credit for the PBMs who prefer or buy American made pharmaceuticals.

That is simple enough - it won't be cheap, per se, but definitely better than fighting with those folks.

Obviously, Trump can go the tariff route on the other end.
This post was edited on 3/26/20 at 8:23 am
Posted by RocketPower
Member since Jan 2020
404 posts
Posted on 3/26/20 at 8:22 am to
Nation should always come first
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67488 posts
Posted on 3/26/20 at 8:23 am to
Muh bonuses
Muh profits
Muh private jets
Muh human trials
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48359 posts
Posted on 3/26/20 at 8:24 am to
I posted on her immediately after this "Decouple from China" movement was mentioned on this board: there will be vicious court fights and other resistance on every front to prevent de-coupling from China because there is WAY to many billions of dollars at stake for the Globalists to go down without a fight.

China has the USA by the balls and China's no Geisha - they won't let go gently.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59962 posts
Posted on 3/26/20 at 8:24 am to
Do you want your company nationalized, because this is how you get your company nationalized.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73740 posts
Posted on 3/26/20 at 8:24 am to
Tariff them into submission
Posted by PsychTiger
Member since Jul 2004
99042 posts
Posted on 3/26/20 at 8:26 am to
quote:

Muh human trials


CNN: Trump experimenting on people with drugs just like the Nazis did in the concentration camps
Posted by The Maj
Member since Sep 2016
27137 posts
Posted on 3/26/20 at 8:27 am to
quote:

Association for Accessible Medicines


Sounds very "global"...
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/26/20 at 8:31 am to
quote:

All we have to do is have Medicare and VA have a preference for USA made


Medicare, Medicaid, VA, FHA, DOD, USDA, and every other alphabet agency should be MANDATED that they can only purchase made in the USA goods and services, end of story.

Private citizens can do WTF they wish.
Posted by 9Fiddy
19th Hole
Member since Jan 2007
64064 posts
Posted on 3/26/20 at 8:36 am to
quote:

Big Pharma plans on fighting Trump's Buy American EO


Posted by udtiger
Over your left shoulder
Member since Nov 2006
98826 posts
Posted on 3/26/20 at 8:37 am to
Bully for them.

I hope they are prepared to take the PR hit, as well as some less than beneficial legislation.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51410 posts
Posted on 3/26/20 at 8:44 am to
Freedomworks? Sellouts
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13564 posts
Posted on 3/26/20 at 8:49 am to
It’s a national security concern. If all our eggs are in China’s basket because they are the cheapest then we deserve our fate when a global catastrophe occurs.


In a perfect world, perfect free trade is the best option. Unfortunately I would not call dealing with a communist government where you have to give up intellectual property rights “free trade.”
Posted by tide06
Member since Oct 2011
11186 posts
Posted on 3/26/20 at 8:49 am to
(no message)
This post was edited on 1/16/21 at 5:04 pm
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 3/26/20 at 8:58 am to
quote:

In a perfect world, perfect free trade is the best option.



No issues with free trade but FedGov should only purchase from those that pay US taxes and employ Americans.

Private citizens should be free to purchase what they wish from wherever they wish.

This is not a free trade issue.
Posted by AUTiger1978
Member since Jan 2018
889 posts
Posted on 3/26/20 at 8:59 am to
They should just change the laws on how quickly medications can go generic. It usually takes 20 years for a drug to go generic after getting FDA approval. Change it so all of these things remove 5 years from that timeline:
• less than 50% of medication produced in USA
• 60%+ of final medication comes from a single source counrty
• 100% of final medication comes from a single source country

That would prioritize both made in USA and a diversified supply chain. If a country decides to have all finished pills come from China(or any other single country) then their patent is only guaranteed against competition from generics for 5 years.
Posted by Radiojones
The Twilight Zone
Member since Feb 2007
10728 posts
Posted on 3/26/20 at 9:00 am to
That's a really bad idea. Even if they win they will lose because the next step is we will place massive tariffs on their products and force them to bring it back home.
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