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Trump Tariffs – Indian Pharma Dodges Bullet, But Sword Still Hangs?

 
• By Vibha Ravi

Trump announced a 26% reciprocal tariff on India but a country-agnostic exemption of pharmaceuticals implies that the interests of Indian firms and the US consumer are protected for now. What is Indian pharma’s business exposure and what is domestic industry saying?

US Tariffs Are Causing A Flutter Across The World
US Tariffs Are Causing A Flutter Across The World (Shutterstock)

US President Donald Trump has announced a general 26% reciprocal tariff on India, but a country-agnostic exemption of categories like pharmaceuticals implies that the interests of Indian pharma firms and the US consumer are protected for now.

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Trump Tariffs – Indian Pharma Dodges Bullet, But Sword Still Hangs?

 
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