US Tariffs: With 50% Of US Generics From India, Industry Ponders If MAHA Will Trump MAGA

US President Trump’s plan for a “25% or higher” tariff on pharmaceuticals promises to have a far-reaching impact, from higher prices and drug shortages to increased onshoring of manufacturing in the US. Is MAGA worth the chaos it might create for MAHA? The Indian industry shares its views.

US Tariffs Are Casting Clouds On Global Trade
US Tariffs Are Casting Clouds On Global Trade

The Indian generics and biosimilars manufacturing industry, which accounts for about half of the global generics supply to the US, is concerned about US President Donald Trump’s intention to impose tariffs of “25% or higher” on pharmaceutical, automobile and semiconductor imports.

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