President Donald J. Trump may be well past his physical & cognitive prime, with a narcissistic personality wrapped within an incoherent 'master race' world view which is rapidly coalescing into a vicious & violent form of fascism, but as yet neither the US Congress nor the American people will remove him from office.
Which leaves America's historical allies and long-time trading partners at the mercy of the delusional reasoning behind Trump's 'America First: Making America Rich & All Powerful' decision making and the never-ending White House churn to date of presidential executive orders (63), memoranda (16), proclamations (258), assorted remarks (35), and accompanying fact sheets (142).
On Monday 12 May 2025, Trump announced representatives of the Trump Administration had met with representatives of the People's Republic of China in Switzerland and the US had agreed to a 90 day pause in import tariffs created since 2 April 2025 — with the US lowering its tariffs on Chinese goods by 115 percentage points for duration of the pause and China agreeing to lower its retaliatory tariffs on American goods by 115 percentage points for the duration.
Leaving Trump and his inner circle trying to spin the fact that as part of this agreement he has insisted on imposing a crippling 30 per cent import tax on America's own domestic industry, business & household consumers of Chinese produce & products until around mid- August 2025.
If ever there was an urgent need for a 'Oh quick, look at that shiny thing over there!' moment it was on that Monday and Trump promptly trotted it out in a bizarre executive order titled Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients, May 12, 2025 and an equally bizarre fact sheet Fact Sheet: President Donald J. Trump Announces Actions to Put American Patients First by Lowering Drug Prices and Stopping Foreign Free-riding on American Pharmaceutical Innovation, May 12, 2025.
What these two documents indicate is that Trump has turned his disgruntled gaze towards "foreign health systems [who] get a free ride" with US citizens "effectively subsidizing socialism aboard [sic]".
That 12 May Executive Order reads in part:
Sec. 3. Addressing Foreign Nations Freeloading on American-Financed Innovation.
The Secretary of Commerce and the United States Trade Representative shall take all necessary and appropriate action to ensure foreign countries are not engaged in any act, policy, or practice that may be unreasonable or discriminatory or that may impair United States national security and that has the effect of forcing American patients to pay for a disproportionate amount of global pharmaceutical research and development, including by suppressing the price of pharmaceutical products below fair market value in foreign countries.
While Sec 5 ends with:
(vi) the heads of agencies shall take all action available, in coordination with the Assistant to the President for Domestic Policy, to address global freeloading and price discrimination against American patients.
According to this same executive order, on or about 10 June Trump's thinly disguised threats — against US multinational pharmaceutical corporations who don't immediately respond by lowering their domestic pricing to a new level set by the Trump Administration — will morph into further "aggressive action" by the US federal government.
It seems that Donald Trump may intend to deflect attention from the failure of his economic war on China, by placing those sovereign nations with universal public health care and welfare safety net systems on a MAGA enemies list and, pursue yet another targeted economic war — this time against countries that are definitely not super powers.
With over 180 other countries due to come out of the original 90 day tariff pause on or about 7 July, it is possible that Australia, New Zealand, Canada, United Kingdom, Ireland & Denmark in particular will find themselves among countries publicly labelled by Trump as pharmaceutical "freeloaders" with additional tariffs arbitrarily imposed.
At the beginning of April Trump's ability with the stroke of a presidential black sharpie or a late night social media post to create an over 180 nation-strong rolling global trade disruption & trigger widespread financial market uncertainty seems to have produced in him a personally gratifying inner glow. He will likely want to revisit that sensation.
The Albanese Labor Government now enjoys a record majority in the House of Representatives, in no small measure because the Prime Minister assured the Australian people that he would not allow Trump to dictate to the federal government on matters concerning this nation's own national security, economic stability, biosecurity protections or its universal health care and welfare safety net provisions.
"It's not surprising that there is a push and some opposition to the PBS but let me be very clear and explicit — the Pharmaceutical Benefits Scheme (PBS) is not for sale," Albanese said during a speech on Thursday, describing the program as a "core part of who we are as Australians".
"It is a monument to the fairness at the heart of Australian life and we don't negotiate our values."
[SBS News online, 19-20 March 2025]
Trump's appetite for the humiliating domination of others is insatiable and seemingly only encouraged by any attempt to placate or negotiate with him as a first response to his political & economic aggression — he will keep insisting on further access & concessions while repeatedly taking economic bites out of any country which he considers weak.
The Albanese Government resisted Trump's expectations that Australia — à la former Coalition Prime Minister Morrison — would publicly support his economic war on China and that won't sit well with a US Administration which sees Australia as nothing more than a convenient geopolitical pawn it can move at will.
As Prime Minister Anthony Albanese threw his backing behind Indonesia’s bid to join the trans-Pacific free trade pact to help counter the global chaos created by US President Donald Trump’s trade war, Farrell also confirmed the government was not rushing to seek relief from US tariffs from the White House.
“China is our largest trading partner. Chinese trade is almost 10 times more valuable to Australia,” Farrell said in an interview with The Australian Financial Review to mark his reappointment to the trade portfolio after the election. “We don’t want to do less business with China, we want to do more business with China.
“We’ll make decisions about how we continue to engage with China based on our national interests and not on what the Americans may or may not want.”
[Australian Minister for Trade & Tourism Sen. Don Farrell quoted in Australian Financial Review, 15 May 2025]
It appears that the best way forward for any national government — especially the Australian Government — is to repeatedly say no to Trump, lodge a formal complaint against the US with the World Trade Organisation and, in Australia's case, also consider giving notice that it is withdrawing from the Australia-US Free Trade Agreement (AUSFTA) which Trump has already trashed since his inauguration and, inform the US Government that Australia will be undertaking a formal review of every and all agreements which allow US defence forces a full-time or periodic presence on Australian territory or in its coastal waters as it is proving itself to be an unreliable ally and regional partner.
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