#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
EU Pharma Giants Warn of 'Exodus' to US Over Trump Tariffs
- Tuesday, 08 April 2025
European pharmaceutical companies have warned EU chiefs that Donald Trump’s tariffs could lead to an "exodus" from Europe to the United States. The European Federation of Pharmaceutical Industries and Associations (EFPIA) called on EU President Ursula von der Leyen to take rapid action to mitigate this risk. The EFPIA, which represents pharma giants like Bayer, Novartis, and Novo Nordisk, warned that if the EU doesn't change its regulatory framework and strengthen intellectual property provisions, Europe's pharma sector will lose out to increased competition from the US, China, and emerging markets.
