Tag: Pharmaceuticals
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Updated: December 8th, 2025 The US-UK Pharma Deal: A New Chapter for Trans-Atlantic Pharmaceutical Trade In early December 2025, after months of tense negotiations, the United States and the United Kingdom announced a landmark agreement that could reshape how medicines are traded, priced, and developed on both sides of the Atlantic. The deal promises zero…
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Trump’s 100% Pharma Tariff + New Duties on Furniture & Trucks: What Importers Must Know Before Oct 1
In a late-night series of posts on September 25, 2025, President Donald Trump unveiled a sweeping set of new tariffs that extend far beyond the traditional battlegrounds of steel and aluminum. The announcements targeted kitchen cabinets, upholstered furniture, heavy trucks, and most dramatically branded pharmaceuticals. The measures, set to take effect October 1, mark one…
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Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Earlier in 2025, on St. Patrick’s Day, US President Donald J. Trump lamented that Ireland, a “beautiful island of just 5 million people, has got the entire US pharmaceutical industry in its grasp.” In America’s pursuit of self-sufficiency, its overwhelming reliance on foreign…
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The U.S.–EU trade deal locks in a uniform 15% tariff on all EU-origin goods entering the United States and eliminates duties on every American export bound for the 27-nation bloc. In return, the EU commits to purchasing $750 billion in U.S. energy products, investing $600 billion across U.S. infrastructure and technology projects, and streamlining defense…
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From Steel to Pharmaceuticals: UK–Vietnam Trade Enters a New Era As the global economy shifts and countries redefine their partnerships, the United Kingdom and Vietnam have taken a decisive step forward. On July 18, 2025, a landmark agreement saw the UK lower tariffs on Vietnamese steel and electronics, while Vietnam began granting broader access to…
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In-Depth Analysis: Halting U.S.–Canada Trade Talks on July 27, 2025 When President Trump abruptly ceased negotiations to modernize USMCA on July 27, 2025, it wasn’t just a headline grab it risked unraveling a deeply integrated North American economy. Here’s a granular look at why this showdown matters, who pays, and how to navigate the fallout.…
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In today’s interconnected global economy, the trade partnership between Canada and Brazil is built on complementary strengths. Canada’s advanced manufacturing, pharmaceutical innovation, and energy resource expertise combine with Brazil’s vast natural resources, robust agrifood sector, and emerging industrial capacity. This analysis provides detailed figures for trade segments on both sides, along with an in-depth look…
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Canada–France Trade Relations: A Comprehensive Economic and Strategic Analysis Canada and France share a deep and multifaceted trade relationship, rooted in historical ties, cultural exchanges, and economic complementarities. France is Canada’s 10th-largest trading partner, with bilateral trade reaching €8.1 billion (US$8.7 billion) in 2024. The two nations collaborate across multiple sectors, including aerospace, pharmaceuticals, food…
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Canada and Japan are two of the world’s most advanced economies, bound by shared democratic values, a commitment to multilateralism, and a long-standing history of diplomatic and economic cooperation. As founding members of the G7 and active participants in the Indo-Pacific, both countries are increasingly aligning their economic strategies to promote supply chain resilience, energy…
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Canada and Italy share a strong and evolving trade relationship, built on historical ties, cultural exchanges, and economic complementarities. Italy is Canada’s second-largest trading partner in the European Union, with bilateral trade reaching US$15.8 billion in 2023. The two nations collaborate across multiple sectors, including automotive, aerospace, pharmaceuticals, food and beverage, and clean technology. With…