Trump threatens 100 percent generic drug tariffs beginning in 2028

Healthcare News – Read More Imported generic drugs will face a 100 percent tariff beginning in August 2028 unless manufacturers move production to the U.S., President Trump said in a social media post Tuesday. Trump wrote on Truth Social the move is aimed at “reshoring” generic pharmaceutical production in America. The tariffs amount to a “penalty” that would hit companies if they don’t…