July 21, 2026 · Economy, Trade & Fiscal Policy

Confirmed

Trump Announces Phased Tariffs Up to 200% on Generic Drugs Starting 2028

President Trump announced July 21, 2026 that imported generic drugs will remain tariff-free through July 2028, after which a 100% tariff will apply for one year before rising to 200% thereafter, according to a Truth...

April 2, 2026 · Economy, Trade & Fiscal Policy

Confirmed

Trump Imposes Tariffs of Up to 100% on Imported Brand-Name Drugs, With Broad Exemptions

On April 2, 2026, the Trump administration imposed tariffs of up to 100 percent on imported branded and patented pharmaceuticals produced by drugmakers that had not reached agreements with the United States to lower...

September 25, 2025 · Economy, Trade & Fiscal Policy

Confirmed

Trump Announces 100% Tariffs on Branded Drugs and 50% on Kitchen Cabinets, Effective in Six Days

In a series of Truth Social posts on September 25, 2025, Trump announced four new product-specific tariffs to take effect on October 1: 100 percent on any branded or patented pharmaceutical product, 25 percent on heavy...