Trump Announces 100% Tariff on Pharmaceutical Imports Unless Companies Build US Manufacturing Plants

Sep 26, 2025 11:42 am CST

President Donald Trump has announced 100% tariffs on pharmaceutical imports effective October 1, 2025, with exemptions for companies actively constructing manufacturing facilities in the US. The policy could significantly impact India's pharmaceutical sector, which exports over $3.6 billion in products to the US annually. This move follows recent 50% tariffs imposed on India for purchasing Russian oil, as bilateral trade negotiations continue.