A coalition of 25 U.S. states has filed a lawsuit against the Trump administration, arguing it exceeded its authority by imposing new tariffs on 60 trading partners.
The new US import tariffs on 60 economies, imposed after an investigation into unfair trade practices, came into effect at 12:00 AM US time on 24/7/2026.
Tariffs on generic drugs imported into the US will gradually increase from 0% to 200% over several years, encouraging companies to relocate production to the US.