Trump says imported generic drugs keep zero tariff until Aug 1 2026 then face 100% for 1 year and 200% after

U.S. President Trump said imported generic drugs will remain at zero tariffs until Aug 1 2026, then face a 100% tariff for one year and rise to 200% afterward. He said the plan is meant to bring generic drug manufacturing back to the U.S., with penalties for firms that do not build U.S. production in time.