Australia Prepares Swift Reforms to PBS Listing as Trump Threatens 250% Drug Tariffs

‘A very big threat’: Australia defends PBS as Trump flags 250% tariffs on medicines

As Trump made his latest threat, Health Minister Mark Butler said it would not change how Australians accessed their medicines through the Pharmaceutical Benefits Scheme. But he stressed the government was concerned about how tariffs would hit $2 billion worth of medicines sold to the US by Australian importers.

New wave of Trump tariffs hit amid fears over medicines

US President Donald Trump’s latest wave of tariffs have come into effect, hitting dozens of countries. It comes as Australia raised the alarm over tariffs jeopardising access to affordable medicines.

Labor looks to speed up PBS listings amid calls from lobby groups

The Albanese government is “very concerned” by Donald Trump’s latest threat to slap tariffs of 250 per cent on pharmaceuticals, Health Minister Mark Butler said.

Health minister 'concerned' about Trump tariffs but some warn of a bigger issue

The federal government is working to shield Australia from Donald Trump's potential tariffs, but the peak pharmaceutical industry body argues there's a bigger issue closer to home.

Trump flags steep tariffs on Australian pharmaceuticals

The US president has flagged higher-than-expected tariffs of up to 250 per cent on drug imports, which is a potential blow to plasma giant CSL.