Trump Announces Up to 200% Tariff on Generic Drugs, Threatening India's Exports

22 July 2026 at 11:17 amHyperFast News

#Trump #import tariff #generic drugs #India exports #pharmaceutical manufacturing #US

Summary

US President Trump has announced a phased import tariff hike of up to 200% on generic drugs, starting August 2026, which puts India's $9.7 billion exports at risk. The move aims to reshore pharmaceutical manufacturing to the US.

Trump Announces Up to 200% Tariff on Generic Drugs, Threatening India's Exports

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