Wednesday, 22 July 2026 Newsarchy UK live index
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Generic Pharmaceuticals

Trump announces 100% tariff on generic drug imports, two‑year grace period

Trump announces 100% tariff on generic drug imports, two‑year grace period

The U.S. will impose significant tariffs on generic drugs produced outside the country, providing a two-year window for firms to shift production stateside.

Business ·22 Jul 2026, 08:11 ·Maeve Turner 3 min read