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Donald Trump Threatens to Double Taxes on Australia's Second Biggest Export

AUSTRALIA, JUL 8 – President Trump plans a 200% tariff on Australian pharmaceuticals with a 12-18 month grace period for manufacturers to relocate production to the US, officials said.

  • Donald Trump has threatened a possible 200 percent tariff on pharmaceuticals from Australia, one of its major exports to the U.S., according to Elizabeth de Somer, chief executive of Medicines Australia.
  • Elizabeth de Somer stated that the proposed tariffs are causing uncertainty regarding their implementation, as they are awaiting a U.S. Department of Commerce investigation.
  • Greens senator Nick McKim criticized Donald Trump, urging the Australian government to protect affordable medicines for families.
  • Bridget McKenzie highlighted bipartisan support for the Pharmaceutical Benefits Scheme, emphasizing its importance to accessing medicines amid Trump's tariff threats.
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The West Australian broke the news in Australia on Tuesday, July 8, 2025.
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