Donald Trump's tariff tussle: Duties on Indian pharma would be 'counterproductive’; America may take at least 3 years to match India’s scale, says Pharmexcil
Thursday, 7 August 2025 () Despite increased tariffs on Indian imports, the US has temporarily exempted the pharmaceutical sector, recognizing India's critical role in supplying affordable medicines. Pharmexcil emphasizes that tariffs on Indian pharma would harm American consumers, as Indian companies produce low-cost generics. India supplies over 40% of US generic medicines, maintaining high quality standards with numerous FDA-approved facilities.
India has firmly rejected U.S. President Donald Trump’s tariff threats over its continued purchase of Russian oil, vowing not to bow to external pressure. In a defiant statement, New Delhi reminded Washington that India stood its ground during past crises — including the 1971 war — and will do...
Former President Donald Trump sparked headlines by comparing his life to Sylvester Stallone’s iconic character Rocky, saying it’s been “one shot & heart pop out.” Speaking ahead of the Kennedy..
Prime Minister Narendra Modi is expected to visit the U.S. next month for the UNGA summit, with a possible meeting with Donald Trump to address strained trade relations. Ties have soured after Trump..
President Trump has delayed a planned increase in tariffs on Chinese goods, easing U.S.–China trade tensions and extending the current truce. The decision, made just hours before the deadline,..
Thursday, 7 August 2025 ()
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