Event Brief
Trump sets 100% levy on generic drug imports
Filed: Jul 22, 2026 at 10:08 PM ET
Summary: Trump says non-patented drugmakers have two years to shift production to the U.S. or face a 100% import tariff.
WHO: Donald Trump
WHAT: Trump announced a 100% import tariff on non-patented generic drugs unless production is moved to the U.S.
WHEN: Jul 22, 2026 at 9:54 PM ET
WHERE: USA
WHY: To require non-patented drugmakers to move production to the U.S. or face a 100% import tariff.
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