Stocks fall, pharma firms fret. Indian drug manufacturers sweat over Trump’s 100% levy on generics

Trump had announced that non-patented drugmakers would have two years to move production to the US or face a 100% import tariff, which would double a year later.

Jul 23, 2026 - 13:00
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Stocks fall, pharma firms fret. Indian drug manufacturers sweat over Trump’s 100% levy on generics
Trump had announced that non-patented drugmakers would have two years to move production to the US or face a 100% import tariff, which would double a year later.

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