# Section 232 of the Trade Expansion Act

Type: Company

Source: Biotech Intelligence Brief — https://getbiobrief.com/entity/section-232-of-the-trade-expansion-act
Canonical HTML page: https://getbiobrief.com/entity/section-232-of-the-trade-expansion-act

## Timeline

- **2029-08-01**: Tariff Escalates to 200% — The tariff rate doubles to 200% on generic drug imports.
- **2028-08-01**: 100% Tariff Takes Effect — A 100% duty is imposed on eligible generic drug imports.
- **2026-08-01**: Duty‑Free Period Begins — Imported generics enter a two‑year duty‑free window.
- **2026-07-21**: Generic Drug Tariff Schedule Announced — The President announces that generic drugs will remain duty‑free for two years, then face 100% (2028) and 200% (2029) tariffs under Section 232.
- **2026-04-02**: Executive Order Tariffs Patented Medicines — President Trump signs an order imposing 100% tariffs on imported patented drugs while exempting generics, biosimilars, and their ingredients.

## Recent coverage (1 stories)

### Biosimilars Hit by Tariffs: 200% Duty by 2029 Threatens Biotech Outsourcing Models
2026-08-07 06:30:09 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

The tariff escalation to 200% on generic drugs by August 2029 also applies to biosimilars, which were initially exempt. For biotech and pharma, this could disrupt outsourcing strategies and market access for follow-on biologics. The timeline analysis details product-level risks.
Full story: https://getbiobrief.com/story/biotech-pharma-generic-drug-tariffs-biosimilars

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