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Why Australia is right to put affordable medicine ahead of beating US pharmaceutical tariffs

  • Written by: Felicity Deane, Professor of Trade Law and Taxation, Queensland University of Technology

From July 31, the United States will impose up to 100% tariffs on pharmaceuticals coming into the US. Some Australian-made exports look set to pay that highest rate, while some other countries – including the UK, Japan and the European Union – have negotiated lower rates.

The new US tariffs are not specific to Australian-made products....

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