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Trump’s Tariff Plan for Drugs | Charleston News
Trump’s new tariff plan targets overseas generic drugs, starting at 100% in August 2028 and soaring to 200% by 2029, aiming to lure pharma companies back to U.S. soil. But with most generics sourced from India and reliant on Chinese ingredients, the move risks supply chain chaos. Manufacturers, already operating on razor-thin margins, face tough choices: absorb costs, raise prices, invest in U.S. plants, or exit the market. Experts warn this blunt economic pressure could trigger shortages or force patients toward pricier brand-name drugs — and question whether tariffs alone can build a…
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