Walter BloombergFinance

TRUMP ESCALATES GENERIC DRUG TARIFFS Trump announced that generic drug imports will face a 0% tariff from 1 August 2026 for two years, risi…

TRUMP ESCALATES GENERIC DRUG TARIFFS Trump announced that generic drug imports will face a 0% tariff from 1 August 2026 for two years, rising to 100% for one year and 200% thereafter. The measure aims to reshore generic pharmaceutical manufacturing to the U.S., while existing policies on patented and branded drugs remain unchanged.
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