--- title: "Trump Says US To Exempt Import Tariff On Generic Drugs For Two Years" type: "News" locale: "en" url: "https://longbridge.com/en/news/293481843.md" description: "President Trump announced via Truth Social that generic drug imports into the U.S. will be exempt from tariffs for two years starting August 1, 2026. Following this period, a 100% tariff will apply for one year, increasing to 200% thereafter." datetime: "2026-07-22T13:38:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293481843.md) - [en](https://longbridge.com/en/news/293481843.md) - [zh-HK](https://longbridge.com/zh-HK/news/293481843.md) generator: "portal-rs" --- # Trump Says US To Exempt Import Tariff On Generic Drugs For Two Years Add as your preferred news source on Google Add Now President Donald Trump has announced that he will exempt generic drugs imported into the U.S. from tariffs for two years. This will come into effect on August 1. After that a 100 percent levy will be imposed on imported drugs, which will be increased to 200 percent a year later. Trump made this announcement on Truth Social Tuesday. "Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter". This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription. Start Free Trial FREE 7-Day Trial - No Payment Required Already subscribed? Sign in For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [IHE.US](https://longbridge.com/en/quote/IHE.US.md) ## Related News & Research - [Public Relations Portal Introduces Subscription-Based Platform for Recurring Media Placements](https://longbridge.com/en/news/298200631.md) - [Trump's $5,000 'dividends' could upend the economy. Here's how](https://longbridge.com/en/news/298628158.md) - [Trump targets product used by ultra-wealthy Americans in war with Carney](https://longbridge.com/en/news/298234735.md) - [Apalach Current Reaches 2,000 Subscribers as Independent Newsletter Expands Coverage of Florida’s Forgotten Coast](https://longbridge.com/en/news/298468032.md) - [These Were The Best And Worst Performing Assets Of August](https://longbridge.com/en/news/297728245.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**