Part 1/8:

Global Implications of U.S. Trade Policies and Political Developments

U.S. Tariffs and the Impact on Australia’s Pharmaceutical Exports

The discussion begins with a focus on President Donald Trump’s plan to increase tariffs on pharmaceutical imports into the United States. Last year, Australia exported approximately $2.1 billion worth of medicinal and pharmaceutical products to the U.S., making it a significant trade partner. However, the implementation of higher tariffs threatens this relationship.