WorldHindustan Times
US to impose steep tariffs on generic medicine imports from Aug 2028
in5points
US President Donald Trump announced steep tariffs on imported generic medicines starting August 2028.
Tariffs will be 0% for two years from August 2026, then 100% for one year, then 200% thereafter.
The policy aims to reshore generic pharmaceutical production to the United States.
India, the largest exporter of generic drugs to the US, could be significantly affected.
India exported $9.7 billion worth of pharmaceuticals to the US in 2025, 38% of its total pharma exports.
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