Trump sets 100% tariff on generic drug imports starting in 2028
Why it matters: India supplies nearly half of generic medicines used in the U.S., and the levy rises to 200% in 2029.
The Straits Times, CNBC
Why it matters: India supplies nearly half of generic medicines used in the U.S., and the levy rises to 200% in 2029.
What's next: Novo plans to seek an injunction and wants Lilly to pull the ads, run corrections and pay damages.
Why it matters: The administration says the program now covers roughly four of every five U.S. prescriptions and includes some weight-loss, diabetes and HIV drugs.