Donald Trump Announces 100% Tariffs on Pharmaceutical Drugs; Should India Worry | Spotlight | N18G
Donald Trump Announces 100% Tariffs on Pharmaceutical Drugs; Should India Worry | Spotlight | N18GUS President Donald Trump has announced tariffs up to 100% on imports of branded and patented pharmaceutical drugs, effective from October 1. Trump took to his social media platform, Truth Social, to make the announcement. Trump’s tariffs target pharmaceutical imports from all over the world, but they may impact Indian companies the most. The US is India’s largest export market for pharma products. India reportedly supplies over 45% of generic and 15% of biosimilar drugs used in the American markets. The Indian government said that it is closely monitoring and studying the impact of Trump's decision. These latest duties followed already levied tariffs by the US on Indian imports. India faces a 50% import duty, including a 25% tax imposed for purchasing Russian oil amid the Ukraine war. Trump has also announced new import tariffs on kitchen cabinets and bathroom vanities, upholstered furniture, and heavy trucks.
---
Trump Tariffs | US India Trade | Pharma Industry | Indian Exports | US Drug Market | Trade War | Trump Truth Social | Biosimilar Drugs | Indian Pharma Companies | US Import Duties | Pharmaceutical Exports | Global Trade Impact | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News
#trump #tariffs #usindia #pharma #indianexports #drugmarket #tradewar #truthsocial #biosimilars #globaltrade #usimport #economy #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
https://www.youtube.com/@Firstpost
Follow Firstpost on Instagram:
https://www.instagram.com/firstpost/
Follow Firstpost on Facebook:
https://www.facebook.com/firstpostin/
Follow Firstpost on X:
https://twitter.com/firstpost
Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to Donald Trump Announces 100% Tariffs on Pharmaceutical Drugs; Should India Worry | Spotlight | N18G
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
