US President Donald Trump has announced a phased tariff plan on imported generic medicines, keeping tariffs at 0% for two years before raising them to 100% in 2028 and 200% from 2029. The policy aims to push pharmaceutical companies to move generic drug production to the United States. The move could significantly impact global pharmaceutical supply chains and major medicine exporters such as India, potentially affecting drug prices and availability in the US. Follow HSRA NEWS for the latest US trade policy global economy India news and international business updates.
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