Generic Drug Tariffs Set to Skyrocket in 2028 Under New Policy

On July 21, President Trump announced that generic medication imports will maintain a 0% tariff through August 1 for two years, after which rates will increase to 100% for one year, then 200% in 2029. This significant escalation poses serious concerns for Puerto Rico's healthcare system, which relies heavily on affordable generic medications to treat chronic conditions affecting the island's population. These tariffs could substantially increase medication costs for patients managing diabetes, hypertension, heart disease, and other common health conditions. Healthcare stakeholders and patients should prepare for potential price increases and reduced access to essential generic medications in the coming years.