• Latest
  • Trending
United States plans tariffs on foreign pharmaceuticals

United States plans tariffs on foreign pharmaceuticals

Coal India offers 35 MT coal auction, eases industry rules

Coal India offers 35 MT coal auction, eases industry rules

EPF members await interest credit after 8.25% rate retention

EPF members await interest credit after 8.25% rate retention

Ola Electric raises over ₹780 Cr through institutional share sale

Ola Electric raises over ₹780 Cr through institutional share sale

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

IndusInd Bank denies receiving official notice on whistleblower complaint

IndusInd Bank denies receiving official notice on whistleblower complaint

May month review of the stock market 

May month review of the stock market 

Hindalco expands Eternia footprint, opens flagship experience centre in New Delhi

Hindalco expands Eternia footprint, opens flagship experience centre in New Delhi

China’s aluminium output rises as Middle East tensions shake commodity markets

China’s aluminium output rises as Middle East tensions shake commodity markets

TCS to support AI adoption across IT operations for Finland’s Nokian Tyres

TCS to support AI adoption across IT operations for Finland’s Nokian Tyres

Indiabulls Board clears Rs 1,000 crore capital raise plan

Indiabulls Board clears Rs 1,000 crore capital raise plan

Record peak demand boosts IEX trading volumes; DAM prices rise over 18% in May

Record peak demand boosts IEX trading volumes; DAM prices rise over 18% in May

SoftBank offloads 3.25% stake in Lenskart for around Rs 2,873 crore

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, June 5, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

United States plans tariffs on foreign pharmaceuticals

in world
Reading Time: 2 mins read
0
United States plans tariffs on foreign pharmaceuticals
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 2 Sep 2025


The Trump administration said it plans to propose high tariffs on imported drugs, with up to 200 percent rates. It’s a dramatic change in U.S. trade policy, as many drugs have long arrived in the country duty-free.

The administration argues that the move is necessary for national security. Officials say that the COVID-19 pandemic revealed major weaknesses in the pharmaceutical supply chain, including shortages and overreliance on foreign production. By raising tariffs, the government hopes to encourage more domestic manufacturing of essential medicines.

Experts caution, however, that the policy might be counterproductive. Increased tariffs would most probably push up drug prices in the United States. These would ultimately find their way to consumers, both in the form of higher prescriptions and increased premiums for health insurance. The poorest and elderly who depend on ongoing medications might be hardest hit.

Generic medicines are particularly vulnerable. These account for more than 90 percent of the prescriptions in the U.S. and are normally manufactured with hardly any profit margins. If the price of importing such drugs goes up drastically, some firms might opt to discontinue selling these medicines in the U.S. market altogether.

Rebuilding the pharmaceutical supply chain in the United States will not be simple or prompt. In the last few decades, most drug companies outsourced their operations to other nations like India, China, Ireland, and Switzerland. Now, many of the antibiotics, antivirals, and generic drug ingredients are produced outside the U.S. Building new plants locally would be a long process and a huge financial investment.

There are already some of these companies that have committed to investing in the increase of their U.S. operations. For instance, large pharmaceutical companies have indicated plans to invest billions of dollars in new facilities. The experts point out that these attempts will not be able to substitute foreign production overnight.

The White House proposed delaying the implementation of up to 18 months, giving companies time to prepare. Nevertheless, if the policy is implemented, its long-term effects will be drug shortages and increased prices.

Related Posts

Crude oil drops on signs of US Iran deal

Crude oil drops on signs of US Iran deal

0

Athira Sethu Kochi, 25 May 2026 The price of crude oil witnessed a sharp fall during the morning session of...

Crude oil prices drop as US Iran peace talks continue

Crude oil prices drop as US Iran peace talks continue

0

Athira Sethu Kochi, 7 May 2026 Prices for Crude Oil Fell to Around $101 per Barrel Early Thursday Morning, May...

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

0

DBT Bureau Pune, 3 April 2026 NASA’s Space Launch System (SLS) rocket, featuring a core stage built by Boeing, launched...

Shanghai Electric delivers first large-scale biomethanol bunkering for international shipping

Shanghai Electric delivers first large-scale biomethanol bunkering for international shipping

0

DBT Bureau Pune, 26 March 2026 Biomethanol from Shanghai Electric's Taonan project has been successfully bunkered onto the container vessel...

Coal India offers 35 MT coal auction, eases industry rules
News

Coal India offers 35 MT coal auction, eases industry rules

0

DBT Bureau Pune, 5 June 2026 In a series of business-friendly initiatives, Coal India Limited (CIL) is offering more coal...

Read moreDetails
EPF members await interest credit after 8.25% rate retention
News

EPF members await interest credit after 8.25% rate retention

0

Athira Sethu Kochi, 5 June 2026 In March 2026, the Employees' Provident Fund Organisation (EPFO) kept the Employees’ Provident Fund...

Read moreDetails
Ola Electric raises over ₹780 Cr through institutional share sale
Market

Ola Electric raises over ₹780 Cr through institutional share sale

0

Athira Sethu Kochi, 5 June 2026 Ola Electric attracted investor attention after successfully raising more than ₹780 crore through a...

Read moreDetails
HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan
News

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

0

DBT Bureau Pune, 5 June 2026 Hindustan Construction Company Ltd. secured a contract worth ₹127 crore from Wangchhu Hydroelectric Power...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.