Trump imposes a heavy blow on imitation drugs: 100% tariff countdown for two years, doubling to 200% in 2029.

According to the Wisdom Financial APP, U.S. President Donald Trump stated in a social media post on Tuesday that generic drug manufacturers will have two years to relocate their production to the U.S. If not, they will face a 100% import tariff starting in August 2028. This tariff rate will double to 200% in August 2029.