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Generic drug tariffs set to skyrocket in 2028. Consumers could feel impact

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drugs will be tariff-free for another two years before a 100% tariff would kick in Aug. 1, 2028, and a 200% tariff one year later.

“This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that decide not to build Plant and Equipment within the stated period of time given to them,” Trump said continue reading …

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