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Trump’s Tariff Threat on Generic Drugs | Salt Lake City News
Trump’s new tariff plan targets imported generic drugs, slapping 100% duties starting August 28, then doubling to 200% the next day — all to force U.S. drug manufacturing back home. While the goal is to boost domestic production and secure supply chains, experts warn the steep costs could push companies to raise prices, exit the market, or cause shortages — especially since generic firms operate on razor-thin margins. Though past tariff threats have lured brand-name makers into U.S. factories, generic companies remain hesitant. This move may be a negotiating tactic, but its real-world impact…
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