Trump signals up to 200 percent tariffs on generic drugs; India may feel impact

President Trump announced steep tariff threats on generic drugs, a move that could hit Indian pharmaceutical exporters.

News Desk News Desk
Jul 23, 2026 - 08:12
Trump signals up to 200 percent tariffs on generic drugs; India may feel impact

US President Donald Trump announced potential tariffs of up to 200 percent on generic drugs, a step that analysts say could significantly affect India's pharmaceutical export industry.

Trade officials are watching whether exemptions or negotiations follow.

Source: NDTV, July 23, 2026.