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Policy▲ Bullish for Indian equities
US exempts India and 19 nations from 100% tariff on certain speciality drugs: Report
The brief
- US exempts certain speciality drugs and ingredients imported from India from tariffs
- Tariff relief may benefit Indian pharmaceutical exporters supplying speciality drugs to the US
- Pharma sector eyes 10% growth in FY27 as domestic market offsets US slowdown
- Govt can use pharma patents to tackle exorbitant prices of life-saving drugs: Kerala HC
- Oncologist calls for five-year plan to widen access to precision cancer care
US tariffs and exemptions affecting India
A proposed US law could allow tariffs of up to 100% on the largest buyers of Russian oil, potentially affecting India. A report said the US exempted India and 19 other nations from 100% tariffs on certain speciality drugs.
Monday, 28 September
- US exempts India and 19 nations from 100% tariff on certain speciality drugs: Report