Fresh tariffs are coming

President Trump said on Truth Social last night that he's planning a 100% tariff on generic drugs coming into the U.S. starting in 2028, which would jump to 200% a year after. This threat comes as the Trump administration is poised to announce another round of sweeping tariffs, which would replace existing import duties expiring this Friday. Also: one of the world's largest health databases and a pause in federal Medicaid payments to California and Minnesota.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:New tariffs covering 60 countries to replace existing import dutiesWhy one of the world's largest health databases matters