Trump's 100% Tax on Imported Generic Drugs Starts August 2028

President Trump announced a 100% tariff — a tax on imports — on generic drugs, effective August 2028. Generic drugs are cheaper copies of brand-name medications and fill about nine in ten US prescriptions. Manufacturers get two years to move production to the US. The tariff extends a 100% tax already placed on branded drugs since October 2025, when price negotiations with drugmakers stalled.