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Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

By Joe Carrello, Research Fellow, The University of Melbourne

US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to third countries that produce drugs also hit by tariffs.

The proposed tariffs…

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