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Searched Tag: us tariff war on india

India supplies over 40 per cent of generic drugs used in the US, including treatments for chronic diseases, cancer, and infectious conditions

‘Tariffs on Indian pharma would burden American consumers’

August 7, 2025, 06:51 PM - 4 min read

India’s Pharmaceutical Export Promotion Council (Pharmexcil) said on Thursday that exempting drug formulations and active pharmaceutical ingredients (API) from tariffs reiterates that India manufactures low-cost essential generic drugs and any rise in their costs will ultimately burden the American consumers.

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The Middle East, Latin America, Africa and South Asia are among the regions India will target for trade, he added

Talks with US on as India explores new markets

August 7, 2025, 03:39 PM - 3 min read

Terming the US President Donald Trump’s 50 per cent tariff imposition announcement a “temporary aberration” that was “devoid of any logic”, senior diplomat Dammu Ravi said negotiations with the US were still on and expressed confidence in the world’s economies finding solutions to the tariff war

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