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200% Trump tariff shock? India’s cheap pills may still beat US rivals

Economic Times 1 hr ago·22 Jul 2026, 7:42 am

US President Donald Trump's proposed tariffs of up to 200% on imported generic medicines could put pressure on India's pharmaceutical exporters, but the country's cost advantage may help many drugs remain competitive in the US market, according to the Global Trade Research Initiative (GTRI).

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