Trump Announces New Tariffs on Generic Drugs to Take Effect in 2028 – US Politics Live The Trump administration's latest tariff announcement has injected uncertainty into the global economy, with the imposition of 100% tariffs on generic drugs set to take effect in 2028 and a projected 200% tariff thereafter.
This move is widely seen as an attempt by President Trump to wield his trade authority as a tool for coercion. The timing of this announcement could not be more ill fated.
The US is facing growing budget deficits, and the healthcare landscape is increasingly complex.