{"id":346099,"date":"2025-07-27T17:07:57","date_gmt":"2025-07-27T22:07:57","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/27\/wegovy-for-me-but-not-for-thee-contd\/"},"modified":"2025-07-27T17:07:57","modified_gmt":"2025-07-27T22:07:57","slug":"wegovy-for-me-but-not-for-thee-contd","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/07\/27\/wegovy-for-me-but-not-for-thee-contd\/","title":{"rendered":"Wegovy \u2122 for Me, but Not for Thee (cont\u2019d)"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-57369\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>The just-announced trade \u201cdeal\u201d (what\u2019s the enforcement mechanism?) apparently covers pharmaceuticals. Where do we get most of our pharma (by value)? From Joey Politano, the answer:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma.jpg\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-57370\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma.jpg\" alt=\"\" width=\"1200\" height=\"766\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma.jpg 1200w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma-300x192.jpg 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma-1024x654.jpg 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma-768x490.jpg 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/07\/politano_imports_pharma-624x398.jpg 624w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong> <a href=\"https:\/\/bsky.app\/profile\/josephpolitano.bsky.social\/post\/3luxvxhohi224\">Politano<\/a>.\u00a0<\/em><\/p>\n<p>I don\u2019t think there\u2019s anything on paper (and even if there were, would it mean much?).<\/p>\n<p>So, not the 50% I <a href=\"https:\/\/econbrowser.com\/archives\/2025\/05\/50-tariffs-on-the-eu-or-wegovy-for-me-but-not-for-thee\">pondered back in May<\/a>, but still 15% is above 10%.<\/p>\n<p>* To be clear, <a href=\"https:\/\/www.yahoo.com\/news\/trump-sparks-ozempic-mystery-miraculous-100000189.html\">we do not know if Mr. Trump is taking a GLP-1<\/a>.<\/p>\n<p>** Back of the envelope calculation of tax increase. Effective tariff rate rises from 1.2% to 15%; 2024 imports from EU equals approx 600 bn. Assuming no price response (price elasticity is 0), and US as small country, this is a tax increase of $83bn\/year, or $70 bn\/year assuming a price elasticity of demand of unity.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/07\/wegovy-for-me-but-not-for-thee-contd\" title=\"1:45 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-07-27T13:45:41-07:00\">July 27, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/07\/wegovy-for-me-but-not-for-thee-contd\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The just-announced trade \u201cdeal\u201d (what\u2019s the enforcement mechanism?) apparently covers pharmaceuticals. Where do we get most of our pharma (by value)? From Joey Politano,<\/p>\n","protected":false},"author":1,"featured_media":346100,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346099"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=346099"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/346099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/346100"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=346099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=346099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=346099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}