The White House trade adviser says Big Pharma wants to ‘preserve its offshore oligopoly’
White House trade adviser Peter Navarro is hitting back at a group of Big Pharma lobbyists, medical organizations, and free trade groups for opposing President Trump’s proposed ‘Buy American’ executive order reshoring the medical supply chain.
Navarro, the assistant to the president for trade and manufacturing, told The Spectator that Big Pharma’s opposition to the executive order, which would require government agencies to purchase pharmaceutical products made in the US, because it wants to ‘preserve its offshore oligopoly’.
‘All the EO would do is ensure that government agencies, including the VA, HHS, and DoD, Buy American,’ Navarro said. ‘America is more than up to that task and Big Pharma and its well-heeled Swamp Creatures need to stop being such a divisive element in American politics.’
Navarro’s statement is in response to a letter drafted by the Association for Accessible Medicines and signed by over 40 organizations, including PhRMA, the drug industry’s main lobby, that alleges the executive order would ‘destabilize the supply chain’ ‘as we fight a global pandemic.’
‘If this crisis teaches us anything at all, it is that we cannot rely on Big Pharma, which is renown already for its price gouging, to provide America during the China virus crisis with the medicines and medical supplies we urgently need from its offshored production.
‘Even if Big Pharma’s offshore operations want to send America what we urgently need, the foreign governments of the countries where their supply chains and plants are located are already forbidding the export of critically needed items. Ten of the top 20 countries exporting medicines to the US, including four of the top five, have already imposed some form of restrictions.’
Big Pharma and free market orgs unite against Trump’s ‘Buy American’ order
They claim the order will harm efforts to provide doctors and hospitals with the equipment and medicines they need to stop the spread of COVID-19
‘The global Big Pharma lobby which has moved all of our production offshore is now lying about an executive order they haven’t read and which explicitly exempts Buy American provisions during the current China virus crisis and any period of national emergency,’ Navarro told CNBC. ‘Nothing in the order will prevent us from getting what we need, when we need it, and from wherever we need it.’
Navarro also called lobbying efforts against the order a ‘desperate attempt’ by pharmaceutical companies to keep production offshore.