200% Trump tariff shock? India’s cheap pills may still beat US rivals
- Posted on July 22, 2026
- By Business News Today
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- 1 min read
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200% Trump tariff shock? India’s cheap pills may still beat US rivals
US President Donald Trump's proposed tariffs of up to 200% on imported generic medicines could put pressure on India's pharmaceutical exporters, but the country's cost advantage may help many drugs remain competitive in the US market, according to the Global Trade Research Initiative (GTRI).
