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Derek Wallbank
Bloomberg News (senior editor)
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On Trump's announced 100% tariff on generic drugs from 2028 rising to 200% in 2029. He explains 'Anytime that I see Donald Trump doing something that has a very late start date... this is really two years from now' @19:11 it signals a bargaining position, noting brand-name drugmakers already cut relief-for-onshoring deals with this White House.
“you can think of it as an opening for negotiations. So this is a threat and then the negotiations sort of come after.”
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