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US President Donald Trump on Wednesday announced steep tariffs on imported generic medicines from August 2028, asserting that the move was aimed at onshoring the manufacturing of such pharmaceutical products.
SENSEX 77,470.11
NIFTY 24,187.70
CRUDEOIL 8,153.00
+ 204.00
GOLD 142,906.00

US to impose steep tariffs on generic medicine imports from Aug 2028

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U.S. President Donald Trump announces 100% tariff on branded pharmaceutical imports, pushing for U.S. manufacturing, impacting…

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Trump announces 100% tariffs on imported generic drugs starting August 2028, escalating to 200% in 2029, aiming to reshore US…

President Donald Trump has given generic drugmakers two years to shift manufacturing to the US or face 100% import tariffs from…