BUSINESSBATON ROUGE BUSINESS REPORT
Roundup: Generic drug tariffs / AI eyewear / Nike’s new China play
President Trump announced a timetable for tariffs on imported generic drugs, with exemptions for two years before rising to 100% in 2028 and 200% in 2029. Samsung revealed details about AI-powered smart glasses with privacy features, while Nike plans to shift China sales to direct channels to revive its market presence.
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Adjacent reporting
- Trump says he will impose tariffs on generic drugs starting in August 2028
- Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production
- Trump announces 100% tariffs on imported generic pharmaceutical drugs
- Trump plans 100% tariffs on generic drugs in 2028
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