Trump announces new tariffs on generic drugs to take effect in 2028 – US politics live

Core point

Donald Trump announced a new package of tariffs on generic drugs made overseas, set to begin in 2028. This announcement follows a previous proclamation stating that generic pharmaceuticals were not subject to tariffs at that time. The new policy aims to encourage drug manufacturers to establish production facilities in the United States. Trump did not specify the legal authority for imposing these future tariffs.