Trump Imposes Tariffs on Canada, Generic Drugs; Republicans Balk at Cost

President Trump announced new tariffs on generic drugs, set to take effect in 2028, aiming to reshore pharmaceutical production. Separately, Canada canceled a joint bridge-opening celebration with the US after Trump renewed threats of 50% tariffs on Canadian goods.

Coverage

• Trump Escalates Canada Tariffs as Mark Carney Holds Firm
• Trump’s Canada Tariffs: What They Indicate he Wants
• Republicans balk at cost-raising potential of new tariffs on Canada
• Shares in Generic-Drug Makers Fall After Trump’s Tariff Plan
• Trump unleashes shock 50 percent tariffs on Canada in explosive trade war over wine, cars and hockey sticks day after friendly exchange with Mark Carney at World Cup final as PM responds
• Trump’s Canadian Tariffs Make No Sense
• Van Hollen: Trump Administration Has 'No Idea What They're Doing' in Iran

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