Australia Challenges Trump's Tariff Threats on Pharmaceuticals
Published on: Aug. 7, 2025, 2:19 p.m. | Source: Devdiscourse
Australia's health minister has expressed concern over U.S. President Donald Trump's plan to raise tariffs on pharmaceutical imports, potentially up to 250%. This move could negatively impact Australian biotech firms like CSL. Despite these threats, Australia remains committed to its Pharmaceutical Benefits Scheme and free trade policies.
