SignificantEconomythehill·The Hill

Trump threatens 100 percent generic drug tariffs beginning in 2028

President Trump announced plans to impose 100 percent tariffs on imported generic drugs beginning in August 2028 unless manufacturers relocate production to the U.S. The proposed tariffs aim to incentivize the "reshoring" of generic pharmaceutical production into America.

Impact Score

7/10

Wednesday, July 22, 2026 at 10:22 AM EDT

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