Trade War scoreboard: Obesity drug imports balloon, China rare earth magnets plunge https://tankie.tube/videos/watch/657c0a89-4285-4251-bbce-0dc7dcaf5319 US imports for weight loss and diabetes drugs blew out trade deficits in the first four months of 2025. Pharmaceutical companies in Ireland and Switzerland loaded high-value obesity medications onto aircraft to meet surging US demand for the drugs, and to front-run higher tariffs on drug imports. Rare earth magnets from China collapsed, down 93% from the previous year. The shortage of magnets is being strongly felt across advanced manufacturing sectors. Closing scene, Dalian, Liaoning Resources and links: Wall Street Journal, How Weight-Loss Drugs Blew Out the U.S. Trade Deficit https://www.wsj.com/health/pharma/how-weight-loss-drugs-blew-out-the-u-s-trade-deficit-2d8c668c China Flexes Chokehold on Rare-Earth Magnets as Exports Plunged in May https://www.wsj.com/world/china/china-flexes-chokehold-on-rare-earth-magnets-as-exports-plunge-in-may-c1adac50?mod=djem10point Reuters, Swiss economic growth surges as firms race to beat U.S tariffs https://www.reuters.com/business/swiss-economic-output-increases-firms-rush-beat-us-tariffs-2025-06-02/ Lilly expands manufacturing footprint in Ireland with $1.8 billion investment https://investor.lilly.com/news-releases/news-release-details/lilly-expands-manufacturing-footprint-ireland-18-billion Harvard Business Review, How U.S. Tariffs Stand to Impact Prescription Drugs https://hbr.org/2025/05/how-u-s-tariffs-stand-to-impact-prescription-drugs Medscape, How Proposed Tariffs Could Disrupt US Drug Prices and Supply https://www.medscape.com/viewarticle/how-proposed-tariffs-could-disrupt-us-drug-prices-and-supply-2025a1000ga0 Thu, 09 Apr 2026 04:35:18 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube Trade War scoreboard: Obesity drug imports balloon, China rare earth magnets plunge https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/657c0a89-4285-4251-bbce-0dc7dcaf5319 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.