Trump's Low-Key Boutta Tax Our Meds?? 💊💸

The Deets

Aight, listen up, fam. Word is, Trump's cooking up a plan to put a massive 200% tariff (that's a HUGE tax) on drugs being imported into the U.S. Yeah, you heard that right. Two. Hundred. Percent. This is giving everyone major anxiety, especially our neighbors up north in Canada.

Apparently, Trump launched an investigation back in April, saying the U.S. relies too much on foreign drugs and that's a "national security" problem. Okay, boomer. But even though Canada isn't the main target, they're still stressing 'cause it could mess with their whole pharmaceutical game.

Like, Canadian companies and even foreign companies making drugs in Canada could get hit hard. It might not even be worth it for them to keep making certain generic meds for us if they can't make enough bank. And Canadian exports are low-key only like 5% of generic meds in the US, so there is no reason to be this dramatic.

But, there's still hope! Canada and the U.S. are already tryna work out some kinda economic and security agreement. The goal is to have it done by July 21st, and everyone's praying it'll keep those meds tariff-free. Fingers crossed, y'all! If not, get ready to pay extra for that stuff you need to, you know, stay alive.

One industry person was like, "Let's chill and see what happens before we start panicking." They're also down for studies that make drugs cheaper and the U.S. a better place to make 'em. Makes sense, tbh.