Trump Declares 100% Tariff On Pharma Imports From October 1, India May Be Hit
Trump has already slapped 50 per cent tariffs on Indian imports, which also includes a 25 per cent 'penalty' for continued purchase of Russian oil.
Edited by: Sanstuti Nath Sep 26, 2025
Washington:US President Donald Trump on Thursday announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs, starting October 1, 2025. India's pharmaceuticals sector, one of the most dependent domestic industries on trade with America, could be significantly impacted by the move.
"Starting October 1st, 2025, we will be imposing a 100 per cent Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America," the Republican leader said on Truth Social.
Trump's posts showed that his devotion to tariffs did not end with the trade frameworks and import taxes that were launched in August, a reflection of the president's confidence that taxes will help reduce the government's budget deficit while increasing domestic manufacturing.
ndtv.com
Trump Again Applies His Tariff Wrecking Ball to US Citizens and Businesses with 100% Levy on Imported Patented Drugs, 25% on Imported Trucks, 30% to 50% on Furnishings
Posted on September 26, 2025 by Yves Smith
nakedcapitalism.com
Looks like India is the main target of pharmaceutical tariffs, while Europe, Japan, and China are going to get hit with the other tariffs. |
