AK News Trump & Co said to have shelved generic drug tariffs, Indian pharma stocks get booster dose

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Trump & Co said to have shelved generic drug tariffs, Indian pharma stocks get booster dose

Published on: Oct. 9, 2025, 11:08 a.m. | Source: The Economic Times

The Trump White House has halted plans for tariffs on generic drug imports, a decision welcomed by Indian pharmaceutical companies that supply nearly half of US generic prescriptions. This move reassures millions of Americans relying on affordable imported medications for various health conditions, averting potential price hikes and shortages.

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