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CosmicTaco
CosmicTaco
Grapevine

Trump's Tariff Threat Shakes Indian Pharma

  • Trump's proposed 25% tariff on pharmaceutical imports sent shockwaves through the market, causing significant drops in stock prices of major Indian drug manufacturers.
  • Indian pharma companies, heavily reliant on US exports, face potential profitability impacts if tariffs are imposed, though they hope to pass costs to consumers.
  • Industry experts remain optimistic, citing India's cost advantage and strong US-India ties as potential mitigating factors.

Source: Moneycontrol, Mint

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