Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production
--------------------------------------------------------------------
Source: CNBC
Published: 2026-07-22 11:17 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Trade & Sanctions, Drugs, US Politics, Business & Economy
--------------------------------------------------------------------
Snippet:
President Donald Trump said generic drugs imported into the U.S. will face zero tariffs for two years starting August 1, before a 100% levy takes effect in August 2028 and rises to 200% a year later.
--------------------------------------------------------------------