Health Minister Mark Butler says PBS not for negotiation, Donald Trump announced 100 pc tariff on pharmaceutical goods

The Australian

26 September 2025 - Health Minister Mark Butler says Australia’s PBS will be protected at all costs, despite a pending threat from Donald Trump to hit pharmaceutical imports with a 100% tariff.

The escalation in the US President’s trade war could have major effects on Australia’s US$1.3 billion ($2.06 billion) pharmaceuticals trade with the US, which represents about 40% of our global exports.

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Michael Wonder

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Michael Wonder