Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30, 2018. Russell Boyce/Illustration
Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30, 2018. Russell Boyce/Illustration

Trump says generic drugs to face no US tariffs for 2 years, then 100% and 200% tariffs later

July 21st, 2026 | 23:10 PM BUSINESS Healthcare & Pharmaceuticals 1

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By Kanishka Singh

President Donald Trump said on Tuesday all generic drugs being ​brought into the U.S. will continue having ‌a tariff of 0% for two years starting from August 1, after which the tariff rate will be raised ​to 100% for one year and to ​200% thereafter.

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