Trump Plans 100% Tariff on Imported Generic Drugs Starting August 2028

US President Donald Trump announced on Tuesday a plan to impose 100% tariffs on imported generic drugs. The tariffs are set to take effect from August 2028, giving the pharmaceutical industry roughly three years to adjust. Trump stated the measure is intended to encourage domestic manufacturing of generic medicines within the United States. The move is part of a broader push by the administration to bring pharmaceutical production back to American soil.
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