Fri
Jul 24 2026
06:03 pm
By: bizgrrl
In an online post on Tuesday, the President said that, starting in August 2028, all imported generic drugs will be slapped with a tariff of 100% for a year-long period, after which that rate will be raised to 200%.
...
Imposing massive tariffs on generic medicines risk making lower-cost generic drugs millions of Americans rely on more expensive and harder to access."
...high tariffs may lead to a shortage of some generic drugs in the U.S., if manufacturers decide to leave the American market entirely.
Does this man no nothing about governing?
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