Trump announces 100% tariffs on imported generic pharmaceutical drugs
www.france24.com
US President Donald Trump announced a 100% tariff on imported generic pharmaceutical drugs on Tuesday. The tariff, which aims to bolster US pharmaceutical production, is set to go into effect in August…

US President Donald Trump announced a 100% tariff on imported generic pharmaceutical drugs on Tuesday. The tariff, which aims to bolster US pharmaceutical production, is set to go into effect in August 2028.

Archived version: https://archive.is/newest/https://www.france24.com/en/americas/20260722-trump-announces-100-tariffs-on-imported-generic-pharmaceutical-drugs

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  • Darkassassin07@lemmy.caEnglish
    31·
    1 month ago

    all generic drugs brought into the US will continue to have a tariff of 0% for two years starting from August 1, after which the tariff rate will be raised to 100% for one year and to 200% thereafter

    I doubt this will survive two years and actually go into effect. I’m honesty surprised it’s not another ‘effective immediately’ late night truthsocial ramble - rewritten into an executive order.