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Trump slaps 100% tariffs on patented drugs, shakes global pharma trade

Trump slaps 100% tariffs on patented drugs, shakes global pharma trade

Donald Trump has announced sweeping new tariffs of up to 100 per cent on patented pharmaceutical imports, aiming to push global drugmakers to move manufacturing to the United States. Companies that shift production and reduce prices can avoid the tariffs, while those that partially comply may face 20 percent duties. Firms that refuse both conditions could be hit with tariffs as high as 100 percent. Generic medicines are currently exempt from the policy, offering temporary relief for India, which dominates global generic drug exports. However, officials have warned the exemption may be reviewed if production is not relocated to the United States.

03 April,2026 11:12 PM IST
US-India sign 'Pax Silica' shattering China’s dominance in critical minerals

US-India sign 'Pax Silica' shattering China’s dominance in critical minerals

India has officially joined the US-led Pax Silica alliance — a coalition focused on securing critical minerals, silicon supply chains, and artificial intelligence infrastructure. But the timing is crucial. This move comes shortly after India signed multiple defence and technology agreements with France, deepening bilateral cooperation. 

22 February,2026 02:22 PM IST
Modi-Macron deal panics Trump, US to slash India tariffs in 72 hours?

Modi-Macron deal panics Trump, US to slash India tariffs in 72 hours?

Is the US losing India to Europe? As PM Modi and President Macron upgrade ties to a "Special Global Strategic Partnership" in Mumbai, Washington is making a massive counter-move.

19 February,2026 01:43 AM IST
French president Emmanuel Macron arrives in Mumbai for high level 3-day visit

French president Emmanuel Macron arrives in Mumbai for high level 3-day visit

In a landmark summit in Mumbai, Prime Minister Narendra Modi and French President Emmanuel Macron officially upgraded ties to a "Special Strategic Partnership." From the inauguration of a revolutionary H125 helicopter assembly line in Karnataka to the launch of cutting-edge Indo-French AI hubs, this visit marks a massive shift in the global order.

18 February,2026 12:25 AM IST

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