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This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n
An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n
This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n
An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Competing with Microsoft, especially alongside Musk\u2019s team of Silicon Valley engineers, highlights its recent performance in cybersecurity. In 2023, hackers linked to the Chinese <\/a>government breached the company\u2019s cloud environment, affecting tens of thousands of individual emails from the US government.<\/p>\n\n\n\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n In a letter to the DOGE in March, NetChoice- a group that includes Amazon and Google- stressed the need to address Microsoft\u2019s purported \u201cmonopoly\u201d in government software, asserting that it leads to increased prices and poor cybersecurity outcomes.<\/p>\n\n\n\n Competing with Microsoft, especially alongside Musk\u2019s team of Silicon Valley engineers, highlights its recent performance in cybersecurity. In 2023, hackers linked to the Chinese <\/a>government breached the company\u2019s cloud environment, affecting tens of thousands of individual emails from the US government.<\/p>\n\n\n\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n Congress is also undertaking a similar effort. Senator Joni Ernst, a Republican from Iowa and founder of the DOGE Caucus, serves as the lead co-sponsor for a piece of legislation that would direct federal agencies to streamline their software licenses and embrace new enterprise license agreements. Ernst, who mentioned in November that her initiative could potentially save around \u20ac680 million each year, did not reply to a request for comment. The House presented its version of the bill in late March.<\/p>\n\n\n\n In a letter to the DOGE in March, NetChoice- a group that includes Amazon and Google- stressed the need to address Microsoft\u2019s purported \u201cmonopoly\u201d in government software, asserting that it leads to increased prices and poor cybersecurity outcomes.<\/p>\n\n\n\n Competing with Microsoft, especially alongside Musk\u2019s team of Silicon Valley engineers, highlights its recent performance in cybersecurity. In 2023, hackers linked to the Chinese <\/a>government breached the company\u2019s cloud environment, affecting tens of thousands of individual emails from the US government.<\/p>\n\n\n\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n On March 26, federal chief information officer Greg Barbaccia, previously an executive at Peter Thiel\u2019s Palantir, urged all federal agencies to compile a list of their licenses for the five largest software vendors, a list that Microsoft tops. Barbaccia described it as an effort to \u201cstop wasteful spending.\u201d<\/p>\n\n\n\n Congress is also undertaking a similar effort. Senator Joni Ernst, a Republican from Iowa and founder of the DOGE Caucus, serves as the lead co-sponsor for a piece of legislation that would direct federal agencies to streamline their software licenses and embrace new enterprise license agreements. Ernst, who mentioned in November that her initiative could potentially save around \u20ac680 million each year, did not reply to a request for comment. The House presented its version of the bill in late March.<\/p>\n\n\n\n In a letter to the DOGE in March, NetChoice- a group that includes Amazon and Google- stressed the need to address Microsoft\u2019s purported \u201cmonopoly\u201d in government software, asserting that it leads to increased prices and poor cybersecurity outcomes.<\/p>\n\n\n\n Competing with Microsoft, especially alongside Musk\u2019s team of Silicon Valley engineers, highlights its recent performance in cybersecurity. In 2023, hackers linked to the Chinese <\/a>government breached the company\u2019s cloud environment, affecting tens of thousands of individual emails from the US government.<\/p>\n\n\n\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n Trump plans to reveal a large tariff initiative. He stated that the upcoming reciprocal tariffs <\/a>will apply to all countries, rather than just a select group of 10 to 15 with the highest trade deficits. He has indicated that he will soon impose tariffs on the pharmaceutical industry, which has previously been spared from past trade conflicts, following his actions against other sectors. <\/p>\n\n\n\n Four sources, who requested anonymity due to the confidential nature of discussions between the administration and the industry, shared their understanding that Trump will not provide details about any pharmaceutical tariffs on Wednesday.<\/p>\n\n\n\n However, the major multinational pharmaceutical companies anticipate that U.S. tariffs on medical products are unavoidable. They aim for a gradual increase to the threatened 25% tariff rather than having it applied from the start. \"The notion of a gradual tariff increase, a kind of tiered approach, is certainly being discussed within the pharmaceutical industry,\" one source mentioned.<\/p>\n\n\n\n A study examining the potential application of industry-specific tariffs was mentioned by three of the four sources, along with an additional source knowledgeable about the issue.<\/p>\n\n\n\n Large drugmakers possess global manufacturing capabilities, primarily in the U.S., Europe<\/a>, and Asia, and relocating more production to the U.S. represents a significant investment of resources. The industry trade group PhRMA has stated that establishing a new production facility in the U.S. can take 5 to 10 years and cost $2 billion, partly due to regulatory requirements.<\/p>\n\n\n\n During meetings in February and March, PhRMA urged the U.S. administration to consider implementing a staggered tariff rate increase over several years, allowing companies adequate time to adjust, according to one of the four sources.<\/p>\n\n\n\n Though the situation is still evolving, the industry remains optimistic that any preliminary tariff announcements concerning the sector will be lower than the 25% threatened by Trump, according to the same source.<\/p>\n\n\n\n It seems there is increasing recognition within the Trump administration that relocating drug manufacturing to the U.S. from overseas is not a swift process. This has sparked optimism among certain industry members that the president could contemplate a gradual increase of tariffs to 25%, another source indicated.<\/p>\n\n\n\n Pharmaceutical companies contend that tariffs may heighten the risk of drug shortages and limit patient access. Nonetheless, Trump advocates for these fees, asserting that the U.S. must enhance domestic drug production to reduce dependence on foreign medicine supplies.<\/p>\n\n\n\n A representative from the industry lobby expressed optimism that adherence to U.S. regulations on policymaking, which mandate public comment periods for federal laws, might delay the introduction of the new fees in the pharmaceutical sector.<\/p>\n\n\n\n In recent months, several multinational pharmaceutical companies, including Johnson & Johnson , Eli Lilly, AstraZeneca, and GSK, have announced billions in new investments to boost production of their top-selling drugs for the U.S. market.<\/p>\n\n\n\n This month, several major European pharmaceutical companies announced that certain medicines could be impacted by U.S. tariffs on the EU, as a significant portion of their manufacturing occurs outside the United States.<\/p>\n\n\n\n An executive from a European drugmaker stated that increasing U.S. production of their medicines, currently made in<\/a> limited quantities, will not be a lengthy process. According to them, establishing new manufacturing lines at current U.S. facilities for medicines now produced overseas for the U.S. market will require a minimum of two years.<\/p>\n","post_title":"Pharmaceutical industry lobbies Trump to ease drug tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"pharmaceutical-industry-lobbies-trump-to-ease-drug-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-04 16:02:21","post_modified_gmt":"2025-04-04 16:02:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7474","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":39},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};
\n This is uncharted territory for these companies, whose connections within government agencies have little value when it\u2019s the amorphous group led by Musk <\/a>and mostly made up of young engineers calling the shots. Indications suggest that their initiatives, such as meetings with Acting GSA Administrator Stephen Ehikian, are beginning to yield results.<\/p>\n\n\n\n On March 26, federal chief information officer Greg Barbaccia, previously an executive at Peter Thiel\u2019s Palantir, urged all federal agencies to compile a list of their licenses for the five largest software vendors, a list that Microsoft tops. Barbaccia described it as an effort to \u201cstop wasteful spending.\u201d<\/p>\n\n\n\n Congress is also undertaking a similar effort. Senator Joni Ernst, a Republican from Iowa and founder of the DOGE Caucus, serves as the lead co-sponsor for a piece of legislation that would direct federal agencies to streamline their software licenses and embrace new enterprise license agreements. Ernst, who mentioned in November that her initiative could potentially save around \u20ac680 million each year, did not reply to a request for comment. The House presented its version of the bill in late March.<\/p>\n\n\n\n In a letter to the DOGE in March, NetChoice- a group that includes Amazon and Google- stressed the need to address Microsoft\u2019s purported \u201cmonopoly\u201d in government software, asserting that it leads to increased prices and poor cybersecurity outcomes.<\/p>\n\n\n\n Competing with Microsoft, especially alongside Musk\u2019s team of Silicon Valley engineers, highlights its recent performance in cybersecurity. In 2023, hackers linked to the Chinese <\/a>government breached the company\u2019s cloud environment, affecting tens of thousands of individual emails from the US government.<\/p>\n\n\n\n A report from a government-appointed cyber advisory board in April 2024 criticized Microsoft sharply for the hack. Notably, victims of the breach included then-commerce secretary Gina Raimondo and officials from the State Department. Their emails were accessed right before a meeting between then-US Secretary of State Antony Blinken and Chinese President Xi Jinping<\/a>.<\/p>\n\n\n\n Microsoft's competitors saw the exposure as an irresistible opportunity.<\/p>\n\n\n\n NetChoice and various tech organizations have aligned their outreach with DOGE\u2019s priorities, suggesting anti-Microsoft actions that aim to \u201csave taxpayers billions next year.\u201d Amazon and Google assert that Microsoft unfairly confines the government to lengthy, disadvantageous contracts, which could exclude billions in contracts from its rivals.<\/p>\n","post_title":"Google & Amazon lobbies DOGE to challenge Microsoft on US federal contracts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-amazon-lobbies-doge-to-challenge-microsoft-on-us-federal-contracts","to_ping":"","pinged":"","post_modified":"2025-04-07 20:57:48","post_modified_gmt":"2025-04-07 20:57:48","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7487","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7482,"post_author":"7","post_date":"2025-04-07 15:54:11","post_date_gmt":"2025-04-07 15:54:11","post_content":"\n U.S. automakers Ford Motor Co., Chrysler parent Stellantis NV and General Motors Co. are lobbying <\/a>the Trump administration to exempt certain low-cost car parts from the planned tariffs<\/a>. Executives have consulted with the White House and the office of the U.S. Trade Representative to examine the exclusion, sources said.<\/p>\n\n\n\n President Donald Trump\u2019s tariffs, designed to strengthen the American auto industry, are likely to impact U.S. car manufacturers who have increasingly sourced components from low-cost countries for their modern vehicles. The administration intends to impose taxes on auto components in addition to the upcoming 25% tariffs on fully assembled vehicles, scheduled to begin in April 3.<\/p>\n\n\n\n Detroit automakers have accepted that they are prepared to pay tariffs on finished vehicles and major parts such as engines and transmissions. However, company representatives have informed the administration that tariffs on parts would result in cost increases totaling billions of dollars, leading to layoffs and profit warnings that would run counter to Trump\u2019s goal<\/a> of building up the industry, one of the people said. On March 31, Trump refrained from commenting on whether the administration would exempt certain car parts from the tariffs. He noted that he had already offered automakers \u201ca break\u201d by delaying the tariffs for a month.<\/p>\n\n\n\n With the tariff deadline nearing, automakers have recently dispatched their senior executives to Washington to engage in<\/a> recent days to lobby directly with the administration, as reported by sources.\u00a0 On March 31, Trump said that he held negotiations with Stellantis Chairman John Elkann. Ford Executive Chair Bill Ford, great-grandson of architect Henry Ford, held a meeting last week with Commerce Secretary Howard Lutnick. Chief Financial Officer Paul Jacobson, GM CEO Mary Barra and other executives have been conferring with government officials since the president announced the tariffs.<\/p>\n\n\n\n According to Trump's executive order, 25% tariffs on fully built cars would begin April 3, but levies on major parts like engines, Transmissions and electrical systems are set to start on May 3. Additionally, the president intends to announce reciprocal tariffs affecting several countries on April 2. It\u2019s uncertain if those milestones serve as deadlines for reaching an agreement on auto parts. The automakers believe there's an opportunity to obtain tariff relief on parts since that part of Trump\u2019s executive order was finalized late during the drafting process on March 26.<\/p>\n\n\n\n Since that time, executives and their lobbyists have been striving to inform the administration about the economic intricacies of the global auto parts network production. For instance, inexpensive commodity items such as video screens are primarily produced abroad, where labor costs are lower. If every auto part manufactured overseas faced import taxes, the U.S. market would have hardly any tariff-free cars available.<\/p>\n\n\n\n To gain Trump's favor, automotive representatives are highlighting their support for his objectives of increasing automobile production within the U.S. and boosting America\u2019s manufacturing sector. They have committed to developing strategies to achieve this, but their immediate focus is obtaining a reduction in parts costs first.<\/p>\n\n\n\n <\/p>\n","post_title":"US automakers lobby Trump to exempt car parts from tariffs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-automakers-lobby-trump-to-exempt-car-parts-from-tariffs","to_ping":"","pinged":"","post_modified":"2025-04-07 15:54:13","post_modified_gmt":"2025-04-07 15:54:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/dctransparency.com\/?p=7482","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":7474,"post_author":"7","post_date":"2025-04-04 16:02:20","post_date_gmt":"2025-04-04 16:02:20","post_content":"\n Drugmakers, pharmaceutical makers are reportedly lobbying U.S. President Donald Trump<\/a> to reduce tariffs on imported pharmaceutical products in an effort to ease the sting from the charges and to give them time to shift manufacturing, Reuters revealed.<\/p>\n\n\n\n