
To what extent will Trump's tariffs impact Indian pharma? Govt assesses likely cost
Published on: Sept. 30, 2025, 12:16 p.m. | Source: The Economic Times
Union Commerce ministry says US tariffs on pharma imports will not significantly impact India. India exports generic drugs, less affected by new rules. The nation is diversifying trade to counter US policy shifts. New free trade agreements with EFTA and the UK will boost marine exports. This strategy aims to broaden India's global market reach.