Canada: “No Deal!” Carney Freezes Trump’s 200% Drug Plan. The Impact is HUGE!

In July 2025, President Donald Trump's announcement of a 200% tariff on insulin and crucial pharmaceuticals, unless producing returns to U.S. soil within 18 months, has fired up a worldwide crisis. Framed as a national security requirement, the policy requires a reshoring of drug production, threatening allies with severe import duties. Ontario healthcare facilities have actually stopped new drug orders, Australia's Treasurer Jim Chalmers pledged to protect the Pharmaceutical Benefits Plan, and Canada is silently lobbying for humanitarian exemptions while preparing for supply chain disruptions. Japan and South Korea face a 25% tariff on all imports starting August 1, causing market turmoil, with Nissan dropping 5% and the Dow losing almost 1%. Over 90% of U.S. pharmaceutical ingredients come from China and India, and domestic capability can not yet fill the gap. A 5% supply reduction might clear drug store racks, as generics dominate U.S. prescriptions. Allies like Canada, led by strategist Mark Carney, are fortifying biotech sectors, while Singapore and India pivot to alternative markets. The policy threats fracturing alliances, enhancing China, and setting off shortages. As the July 21 deadline looms, the U.S. needs to choose in between hammering allies or pulling back, both politically costly. Medicine, as soon as a shared innovation, is now a geopolitical weapon, with trust changed by tariffs. Global Pulse tracks this unfolding legend, where the next drug shortage might come from policy, not disaster.

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Comments

27 responses to “Canada: “No Deal!” Carney Freezes Trump’s 200% Drug Plan. The Impact is HUGE!”

  1. @Binkerbong Avatar
    @Binkerbong

    Canada’s provinces negotiate drug prices wholesale large amounts….one advantage of single payer health care.

  2.  Avatar
    Anonymous

    Find new suppliers that are NOT located in the US! The world needs to supply each others needs and isolate the US to supply their own needs!

    1. @pamelayt5038 Avatar
      @pamelayt5038

      Don, build your own pharmaceutical factories. Thought that was the aim of all those tariffs in the 1st place

  3. @lindahoover1077 Avatar
    @lindahoover1077

    It’s not like Pharma can flip a switch and manufacture in the U.S. And, even if they did go through the lengthy process, the materials to make the products and a lot of the equipment come from outside of the U.S. and would be subject to tariffs. There may be times when the manufacturing process crosses the border a few times. So, it would not make financial sense.

    Companies may have to pull back from the U.S. market.

    Also – if the country ends up desperate for medicines, there will be a rise in black market drugs and counterfeits. Look at what happened in Venezuela.

    1. @luiznogueira1579 Avatar
      @luiznogueira1579

      Trump’s objective is to turn the US into another Venezuela, where most people live in poverty while the ruling class, with its petty tyrant, live in luxury.

  4. @joeminella5315 Avatar
    @joeminella5315

    I am an American veteran (democrat) and I am deeply embarrassed by our criminal/traitor/liar/demagogue. To Canada: I’m very sorry. We are getting hurt, too.

    1. @LinkeHarryB Avatar
      @LinkeHarryB

      Especially the US will get hurt. Prices like that will literally kill people in the US. Americans are hugely dependent on such pharmaceuticals. Many people already live on the financial verge. And it’s not like a diabetic can just skip taking insulin a few days. So let him hike import tariffs and see how it turns out…

    2. @wysetech2000 Avatar
      @wysetech2000

      It’s all up to Americans to do something about it. You people have the power, so clean up your mess.

  5. @joecosta5189 Avatar
    @joecosta5189

    as I said before how many people have to die because of Donald Trump

    1. @doveseye.4666 Avatar
      @doveseye.4666

      As AI?

  6. @puravida5055 Avatar
    @puravida5055

    Duck Frump!!!

    1. @IceLander-Viking001 Avatar
      @IceLander-Viking001

      Donald Trumpet….

  7. @PD-yd3fr Avatar
    @PD-yd3fr

    American diabetics rejoice

    1. @graham2631 Avatar
      @graham2631

      Pay or die? I’m appalled. Hopefully your courts figure this mess out. Dark days, only thing he’s missing is a funny mustache.

  8. @towerfoster863 Avatar
    @towerfoster863

    굿

  9. @surgio154 Avatar
    @surgio154

    The day he said this his friends all bought pharmaceutical stocks , this seems to be the norm now

  10. @TOSStarTrek Avatar
    @TOSStarTrek

    Nothing will change.

  11. @johnnymematik8649 Avatar
    @johnnymematik8649

    Americans dying for ozempic. Oh the horror.

  12. @juniormcclure139 Avatar
    @juniormcclure139

    Is this America dumbest president???😂😂😂😂😂😂

  13. @helenjones4550 Avatar
    @helenjones4550

    Time for Canada to ramp up drug production in Canada , look for new partnerships in production. Cut out the Merkins.

  14. @doveseye.4666 Avatar
    @doveseye.4666

    If you force them to manufacture then we will stop buying, EVERYTHING!😮

  15. @doveseye.4666 Avatar
    @doveseye.4666

    Who knows how to ask AI, how many people must die?

  16. @pamelayt5038 Avatar
    @pamelayt5038

    Why should Canada move pharmaceutical companies to the US? Did Canada vote for Donnie? NO so we shouldn’t have to pay the price for his bad policies and political manoeuvres. Build your own companies, Don

  17. @ismailsaidin6201 Avatar
    @ismailsaidin6201

    Good luck to Americans who need the drugs who are already paying high prices for life saving drugs. This is simply crazy.

  18. @IceLander-Viking001 Avatar
    @IceLander-Viking001

    Good Move Canada ,other countries should follow too.Donald Duck needs to stop quacking the world is tired of his day night quacking and bullying 😂

  19. @rosco-cv2te Avatar
    @rosco-cv2te

    i think canada should raise 300 percent on prescription from canada sent to the usa

  20. @jea783 Avatar
    @jea783

    Orange Face this great economist who managed to bankrupt 5 casinos!!

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