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US Import Tariffs: With 25% Threat, Indian Industry Reads Between Trump Lines

About Half Of Generics Supply From India

 
• By Vibha Ravi

US President Trump’s threat of a “25% or higher” import tariff on pharmaceuticals sends ripples through an already uncertain environment. With about half of generics sourced from India, captains of industry read between the lines

Trump's Threat Of US Import Tariffs Looms Large On The Pharma Landscape
Trump's Threat Of US Import Tariffs Looms Large On The Pharma Landscape

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.

Multiple media reports have Trump stating that sectoral import tariffs on pharmaceuticals would start at that level, rising substantially over the course of a year

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