Trump Says Imported Generic Drugs To Face 100% Tariff From August 2028
US President Donald Trump announced a phased tariff plan for imported generic drugs, starting with a zero-percent rate for two years followed by significant increases. The policy aims to incentivize the domestic production of pharmaceutical products within the United States.
US President Donald Trump announced on Tuesday the imposition of steep tariffs on imported generic drugs from August 2028, a move he said was aimed at onshoring production of such pharmaceutical products."Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter," he said in a post on his Truth Social platform.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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