High cost of drugs. Americans' turn 'better to die than to get sick'

Wait a minute. Trump is going to impose a 200% tariff on pharmaceuticals. The only thing not to do for USA consumer's healthcare cost is increasing the price of drugs by 200%, which is plain horrendous. I guess USA citizens have not heard of Singaporean's complaining that it is better to die than to fall sick. Of course not, when China is its medical supply chain of last resort for decades already.

China provides the raw materials, even those that India needs in the making of drugs. So does drug companies in the USA. In fact, China makes the raw ingredients that makes the drug work and the finished products, which are sold cheaply to the USA's big drug makers, and they do the packaging part using their brand names and allowed to mark up the prices like crazy. It is the same as with iPhones, luxury bags and Rolex watches. China does make low end products for the low-end buyers, but China can also do the high-end stuff for the right price. I think it is high time for China not to be nice and continue to help others make all the money with unbelievable profits at its expense and yet getting demonized.

I think China should just sit tight with the tariffs imposed by the Trump administration and ship less consumer stuff to the USA and see who blinks first. I have been seeing reports that Trump is demanding that China must stop cutting off its supply chain to serve the USA market. It shows that Trump is losing his leverage on China. We shall see what happens the next couple of months when stockpiling has served its purpose of restocking shelves that would otherwise be empty by now.


Anonymous