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surgical_fire 2 hours ago

What an odd way to phrase this. The actual body of the article is a tad more clear.

> Patented medicines will face a 100% tariff entering the US

This is paid those importing the medicines, and passed on to the consumers.

graemep an hour ago | parent [-]

Patents give you monopoly pricing power and patented drugs have huge gross profit margins. Given that, while part of the price increase will be passed on to consumers sellers will also cut prices.

To put it simply if they could charge higher prices without losing volume they already would because no one else can produce that drug so there is no competition to keep prices down.

surgical_fire 38 minutes ago | parent [-]

I think they will just pass the tariffs on and that will be it.

Corporations are notoriously greedy.

peyton 12 minutes ago | parent [-]

Your positions are:

1. Corporations are greedy

2. Corporations will pass the tariff onto customers

#1 would imply drug companies charge the maximum price the market will bear. If so, how will they accomplish #2?