Bloomberg·3 min read·medium

Trump Sets 100% Tariff on Generic Drugs With Two-Year Delay - Bloomberg.com

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Amber Tong, Laura Curtis
Trump Sets 100% Tariff on Generic Drugs With Two-Year Delay - Bloomberg.com
AI Summary

President Trump has announced a 100% tariff on generic drugs imported into the U.S., effective August 2028. Manufacturers have been given a two-year window to relocate production facilities to the United States.

Generic drug manufacturers will have two years to move production to the US or face a 100% import duty from August 2028, President Donald Trump said, threatening the supply of low-cost medicines that…

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