Trump announces new tariffs on generic drugs to take effect in 2028 – US politics live

2 days ago

President says 100% tariff would be imposed on generic drugs made overseas after 1 August 2028 ‘for a one year period of time, and 200% thereafter’

US gas prices have continued to rise since the conflict with Iran resumed this month. According to the American Automobile Association (AAA), a gallon of fuel is now just over $4 – almost a dollar more than a year ago.

It comes as Brent Crude, the international oil benchmark, is now up by almost 2% to $90.92 a barrel.

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