“Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff. There will be no exceptions to this policy,” Trump wrote on social media.

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  • SkingradGuard [he/him, comrade/them]@hexbear.netOP
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    9 days ago

    Eh, depends. The American and Euro companies have massive factories there, but so do native Indian companies.

    But pharmaceuticals are an “advanced” industry that tends to stay in-house. It’s one of the few industries that stays in the country (like weapons). This isn’t a global north/south split either. Brazil for instance, has a massive pharma industry. I guess it’s just one of those important industries to keep once you reach a certain stage of development.

    • PeeOnYou [he/him]@lemmygrad.ml
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      9 days ago

      Not trying to be a pain in the ass, but I’m not sure what you mean by keeping it ‘in-house’? My partner has been working for bio/pharma for the past 8 years or so. The companies she works for always contract with other companies, most of which are large pharmas outside the US. Seems to be a pretty collaborative industry due to the high cost of coming up with new drugs.