Could your generic medications get more expensive? Trump’s new tariff plan raises big questions
Could your generic medications get more expensive? Trump’s new tariff plan raises big questions
Analysts say companies with overseas manufacturing face greater exposure if the administration follows through with tariffs of up to 200%.
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BY Anna-Louise Jackson
President Donald Trump is threatening to impose a 100% tariff on imported generic medications, which could raise costs for Americans unless drugmakers can move production to the U.S. by August 2028.
In his latest swipe at the pharmaceutical industry, Trump posted on Truth Social Tuesday that imported generic medicines would be subject to a 100% tariff beginning in........
