{"id":17387,"date":"2025-04-17T03:16:24","date_gmt":"2025-04-17T03:16:24","guid":{"rendered":"https:\/\/lonecandle.com\/?p=17387"},"modified":"2025-04-17T03:16:24","modified_gmt":"2025-04-17T03:16:24","slug":"trump-says-pharma-tariffs-will-entice-back-drug-production-they-wont","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=17387","title":{"rendered":"Trump says pharma tariffs will entice back drug production. They won\u2019t."},"content":{"rendered":"\n<p>&#8220;the cost of site construction might rise further because of the 25 percent tariff Trump has imposed on steel, a major input in industrial construction&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;\u201cThe same concern applies to manufacturing equipment, which is all stainless steel,\u201d&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;What actually encourages companies to move \u2014 as Trump alluded to when he called out Dublin \u2014 isn\u2019t tariffs, said Ned Hux, a pharmaceutical and life sciences tax partner at PwC.<br>\u201cTargeted tax incentives, streamlined regulatory approvals, and prioritized government procurement could make U.S.-based production more attractive and competitive,\u201d he said, adding those measures could come in the form of tax deductions, lower tax rates on manufacturing activity, tax credits and low-interest financing for domestic production.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.eu\/article\/us-donald-trump-pharma-tariffs-drug-production\">https:\/\/www.politico.eu\/article\/us-donald-trump-pharma-tariffs-drug-production<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;the cost of site construction might rise further because of the 25 percent tariff Trump has imposed on steel, a major input in industrial construction&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;\u201cThe same concern applies to manufacturing equipment, which is all stainless steel,\u201d&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;What actually encourages companies to move \u2014 as Trump alluded to when he called out Dublin \u2014 isn\u2019t tariffs, said Ned Hux, a pharmaceutical and life sciences tax partner at PwC.<br \/>\n\u201cTargeted tax incentives, streamlined regulatory approvals, and prioritized government procurement could make U.S.-based production more attractive and competitive,\u201d he said, adding those measures could come in the form of tax deductions, lower tax rates on manufacturing activity, tax credits and low-interest financing for domestic production.&#8221;<\/p>\n<p>https:\/\/www.politico.eu\/article\/us-donald-trump-pharma-tariffs-drug-production\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[221,439,272,355,290,314,990,208,141,226,170],"class_list":["post-17387","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-donald-trump","tag-drugs","tag-foreign-affairs","tag-foreign-policy","tag-imports","tag-international-relations","tag-pharmaceutical","tag-tariffs","tag-taxes","tag-trade","tag-trump"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17387"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17387\/revisions"}],"predecessor-version":[{"id":17388,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17387\/revisions\/17388"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}