0%, 100%, then 200%: How Trump's new generic drug tariff plan could hit India
Donald Trump announced phased tariffs on imported generic medicines starting August 2026.
Tariffs will increase to 200 percent over three years, aiming to reshore pharmaceutical production to the US.
India, as a major supplier of affordable generics, faces significant impact from these changes.
The move adds uncertainty to ongoing bilateral trade agreement between US and India.
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Times of India
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Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family