In a Truth Social post on Tuesday, Trump said that, starting in August 2028, all imported generic drugs will be slapped with a tariff of 100% for a year-long period, after which that rate will be raised to 200%.
He did not share further details of what “penalty” he would levy against pharmaceutical companies that choose not to build factories in the country. Since taking office for a second term, Trump has repeatedly imposed or threatened to impose tariffs on various products to pressure industries and countries into acquiescing to his demands. Companies have in turn raised the retail prices for products in a number of cases, increasing costs for consumers. A research note published by the Federal Reserve earlier this year found that the tariffs Trump put in place last year, up through the end of November, raised prices for core goods by 3.1% through February.
Generic drugs are medications that are created with the same active ingredients as those found in brand-name drugs but typically are sold at much lower prices.
Generic drugs make up more than 90% of prescriptions filled in the U.S., according to the Food and Drug Administration.
What countries are supplying them to the U.S.?
India supplies roughly half of the generic drugs in the U.S., according to a 2025 report from the Senate Committee on Aging. The report additionally found that about 80% of the active pharmaceutical ingredients used by Indian manufacturers are supplied by China.
How would Trump’s planned tariffs impact the generic drug market in the U.S.?
“Tariffs are most effective when they are threatened but not actually applied. Here, the administration is sending a ‘Made in America' message to the generics industry: In other words, make it here or sell it elsewhere,” Feldman told TIME. “Generic drugs account for 90% of pharmaceutical sales in the U.S, which means that the impact of the drugs would be far-reaching.”
Even so, Merith Basey, the CEO of advocacy organization Patients For Affordable Drugs, expressed concern to Reuters that "Imposing massive tariffs on generic medicines risk making lower-cost generic drugs millions of Americans rely on more expensive and harder to access."
The rising cost of health care is already a major concern for many Americans: A little less than 50% of adults in the country say it’s hard to afford these costs, and more than 40% say they haven’t taken medication prescribed by their provider in the past 12 months because of the high costs, according to recent KFF polling. The country has also grappled with several impactful drug shortages in recent years.
“We need to understand more the specifics of the policy, but the generics industry is committed to pursuing policies that support and stabilize both the industry and the access necessary to ensure patients have reliable options for affordable medicines,” John Murphy III, president and CEO of the Association for Accessible Medicines, a trade group for generic drug makers, said in a statement to news outlets.
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