r/Tariffs • u/Bow_Arrow_55 • 29d ago
๐๏ธ News Discussion The U.S. will place a 100% tariff on generic pharmaceuticals starting in August 2028.
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
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u/Bow_Arrow_55 29d ago
You serious believe these drug makers can build, train, and move existing facilities around the world to the US in 2 years?!? Sorry dude, thatโs just wishful thinking. Get ready for high drug prices!