ETV Bharat / business

Trump’s 100 Pc Tariff On Pharma To Harm Only US, Not India: Experts

The 100 per cent tariff by Trump, to be implemented from October 1, targets the import of branded and patented pharmaceutical drugs.

New Delhi: The 100 per cent tariff on pharmaceuticals, imposed by the US President Donald Trump, will cause harm only to the US, and not India, said experts on Friday. The 100 per cent tariff by Trump, to be implemented from October 1, targets the import of branded and patented pharmaceutical drugs and does not apply to generic medicines.“This would be very negative for the US, as medicines are very important for any economy.

In India, our government has been striving to reduce the prices of medicine,” Akash Jindal, an economist, told IANS. “This will not h

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