Trump Targets Global Generics with Proposed Triple-Digit Tariffs

By Ed Silverman · STAT News · 2026-07-22

The Trump administration is pivotting away from previous exemptions to target the foreign generic drug market. According to reporting from STAT News, the President intends to levy a 100% tax on imported off-patent medicines starting in August 2028, with the rate doubling a year l

The Trump administration is pivotting away from previous exemptions to target the foreign generic drug market. According to reporting from STAT News, the President intends to levy a 100% tax on imported off-patent medicines starting in August 2028, with the rate doubling a year l