Donald Trump the Megathread part II - Mod Warning added to OP 10/1/26

They will phase tariffs of increasing amounts for pharma and give companies time to relocate some manufacturing to the us. Big pharma is powerful lobby in the us. I would imagine no near term job losses here and as pointed out the big pharma companies will need presence here for EU market.

Forget that. Donnie has blown his wad and tariffed everyone. Its clear his Administration hates Europe, that's fine but that should have to live with the consequences of both these actions. Move as much trade away from the US as possible and let them to their own devices. And the EU should not buy any of their weapons unless absolutely necessary.

Yeah, I'm hoping Europe holds strong and bands together with the rest of the world. I'm more talking about the likes of Vietnam where I live, which doesn't have as many options as a European country.

There is no trap - he will be hiting Pharma.

Id be surprised if anyone in the US knew who MDH even was. But sure, get the rant in.

Allegedly and according to Trump and the Speaker of the House Johnson, the bar in the constitution means that a president who has served two [2] consecutive terms in office cannot serve a third term, not that a president cannot serve a third term after serving two separate terms already. Its a con-job try-on to give the US public the idea that the words in the constitution do not mean what they read as but what Trump says they read as, as coincidentally he has not served two [2] consecutive terms.

The laughable and contrary thing is that he still occasionally claims that he was elected to the 46th presidency but it was robbed from him by lying Joe. That would, presumably, have made him the first president since Franklin D Roosevelt to have been elected to three consecutive terms as he is the 47th.

Jesus, these American pharma companies are not just based in Ireland.

They have manufacturing facilities in France, Belgium, Netherlands, Denmark, Sweden, Austria, Italy and more. That's just in Europe.

They have manufacturing facilities all over Asia.

These companies are not going to shut down their global operations and bring everything back to the US to export out with ridiculous tariffs.

It's a completely unrealistic scenario. No company is going to sell a product like that with zero profit margin.

You're assuming that the landed price for the import is more expensive than the locally produced one. Companies don't tend to import a car that would cost more than a locally produced one.

Assuming BMW likes to make a profit and sells both SUV's for €80k on the forecourt:

VAT on the US model would be €18,400 and VAT on the EU model would be….. €18,400, the very same amount and %

The end consumer ultimately pays the VAT.

The US and their entire administration can get fucked for the next 4 years, should be as isolated as possible from the rest of the world.

Aside from the 3rd term discussion; I think we (the royal we) need to take a solid lessen from this situation. The USA has shown itself to be a completely unreliable and untrustworthy ally & trading partner. It could well end up being a trade war but irrespective of how this pans out; I don't think the next US administration should be allowed to simply put it down to Trump and his cohort.

the billionaires etc will just get to engage in some disaster capitalism.

Definitely where I would put my money on what the current US administration is doing.