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Trump announces 100% tariffs on imported generic pharmaceutical drugs

July 22, 2026 at 01:38 AM

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.

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.

Trump announces 100% tariffs on imported generic pharmaceutical drugs

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