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Trump's Generic Drug Tariff to Hit India Hard
Posted
July 22, 2026
Views
2,741
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79
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July 22, 2026
2,741
79
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3.03%
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1:26Now PlayingIndia could be among the worst hit by President Donald Trump's plans to impose a 100% import duty on generic drugs from 2028. #trump #india #medicine #health #tariffs #business #politics #usa
The move aims at “reshoring” generic pharmaceutical production in the US, with companies that don’t build plants onshore facing levies that would then double, to 200%, in August 2029.
The planned tariffs would raise costs for manufacturers, risking higher prices and potential shortages for generic treatments that account for more than 90% of US prescriptions.
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