Trump Announces Phased Tariff Plan on Generic Drugs Starting in 2028
U.S. President Donald Trump announced a phased tariff plan targeting generic drug imports, with zero tariffs initially and rising to 100% by August 2028 and 200% the following year. The policy aims to incentivize domestic production of generics while exempting patented drugs from these new levies.
Topics: generic drugs pharmaceuticals trade policy U.S. tariffs