The president said Tuesday he would maintain duty-free treatment for qualifying goods the next two years before hiking the tariffs in ensuing years.
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Trump tariffs
The president said Tuesday he would maintain duty-free treatment for qualifying goods the next two years before hiking the tariffs in ensuing years.
Published July 22, 2026
President Donald Trump speaks to reporters before boarding Air Force One on July 22, 2026, at Joint Base Andrews, Maryland. The president said his plan to increase tariffs on generic drugs was done to encourage companies to invest in domestic production.
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