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At close · Thu, Jul 16, 2026
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HomeGlobal MarketsTrade & TariffsTrump proposes 100% tariffs on generic drugs

Trump proposes 100% tariffs on generic drugs

CNBC World reports that President Trump is taking aim at the pharmaceutical sector with a proposal to levy 100% tariffs on generic drugs.

The plan is positioned as part of broader efforts focused on key industries ahead of the midterm elections, according to CNBC World.

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