India needs to adapt swiftly to safeguard US market presence as branded generics face the brunt of the sudden imposition of a 100% tariff on imported...
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Maroc - FINANCIALMIRROR.COM - A La Une - 30/Sep 04:35
Trump’s pharma tariff could trigger investor exodus
A sweeping new tariff on branded and patented pharmaceuticals is poised to backfire on the United States, and investors are already positioning for the fallout. The 100% duty announced by President Donald Trump, due to take effect on October 1, is designed to force drug manufacturing back onshore. Instead, it threatens to raise costs, disrupt supply chains and accelerate capital flows away from U.S. markets, according to Nigel Green, CEO of leading independent financial advisory deVere Group. “A tariff of this magnitude on high-value medicines will ripple through every part of the global health economy,” he said, warning that the
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