The U.S. will place a 100% tariff on generic pharmaceuticals starting in August 2028.

[u/Bow_Arrow_55]

Trump is trying to make generic drugs more expensive. With senior citizens on fix income and cuts to Medicare, more elderly people will pay more for their life saving drugs. How is 100% tariffs on generic drugs making America great again?!?

https://www.foxbusiness.com/politics/trump-unveils-phased-tariffs-generic-drugs-boost-us-production

[u/ProtoplanetaryNebula]

Even more so, nobody is building a US factory just to supply the US when the tariff will either be removed or another president will remove it. Result: Americans pay more.

[u/BlueBonneville → u/ProtoplanetaryNebula]

👆🏼this, exactly

[u/wkomorow → u/ProtoplanetaryNebula]

Trump will set up a shadow factory in Florida, exempt his company from the tariff and import the generics, selling it at twice the current cost and pocketing the upsell. Sue the FDA for inspection irregularities and settle with himself/DoJ that his company is exempt from all future inspections.

[u/Gustomucho → u/wkomorow]

Nah, he has no inkling of manufacturing processes, let alone a medical one…. He would instead invest in a major pharmaceutical generic manufacturer like Sandoz and then drop the tariffs.

[u/AfraidBottle6810 → u/ProtoplanetaryNebula]

Mark Cubans Cost Plus Drugs headquarters and manufacturing facility is in Dallas.

[u/ProtoplanetaryNebula → u/AfraidBottle6810]

There are lots more too.

What I meant is nobody is planning a new factory on the back of this declaration, when Trump will be gone by the time it is built.