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Trump’s Bitter Pill: Pharma Tariffs Threaten Indian Exports & U.S. Drug Prices | Beyond The Headline
Posted
April 10, 2025
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434
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April 10, 2025
434
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28:54Now PlayingIn this episode of Beyond The Headline, anchor Sneha Koshy examines the fallout from U.S. President Donald Trump’s announcement of impending tariffs on pharmaceutical imports. With India supplying nearly 45% of generic drugs used in the U.S., the move could severely impact Indian drugmakers, who rely on the American market for up to 50% of their revenues.
Experts warn that the tariffs will raise production costs, erode price competitiveness, and lead to higher drug prices for American consumers.
A panel of experts has joined Sneha Koshy to discuss this in detail. Dharmesh Shah, BDR Pharma Chairman says “US is a conflicted pharma market which has helped them in keeping their healthcare bill down, India has played a significant role in API production.....” Another panelist Kenneth Moch, BioPharma Sector Expert says “Costs are going to rise with tariffs, there aren't many substitutes in pharma industry, the idea of bringing production back to US is difficult....”Watch the full discussion to know more and follow Mirror Now for the latest updates.
#pharmatariffs #trumppolicies #indiaustrade #genericdrugs #beyondtheheadline #snehakoshy #englishnews #latestnews #topnews #mirrornow SUBSCRIBE NOW |
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