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Trump’s Tariff Plan for Generics | Dayton News
Trump’s new tariff plan targets overseas generic drugs with 100% duties starting in August 2028, escalating to 200% the next year, aiming to force U.S. manufacturing and lower drug costs. But with generic companies operating on razor-thin margins, the move risks driving them out of the market or passing costs to consumers. While the administration sees parallels to past successes in auto and semiconductor sectors, experts warn that without clear investment incentives, the strategy may backfire — especially since generic firms differ from brand-name makers in their economic models. The plan…
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