European, Indian pharma stocks decline after Trump again threatens tariffs

Global pharma shares plunge as Trump doubles down on tariff threat

Global drugmakers’ stocks dropped across the board on Wednesday after U.S.

Trump hints at dose of pharma tariffs soon. How will it impact India?

The proposed tariffs on pharmaceutical products will not only impact India, but American citizens as well. Here is why.

European, Indian pharma stocks decline after Trump again threatens tariffs

US-USA-TRUMP-TARIFFS-PHARMACEUTICALS:European, Indian pharma stocks decline after Trump again threatens tariffs

Donald Trump has now targeted the pharma sector and announced the imposition of heavy tariffs on it, after which during the trading in the stock market last business day on Wednesday, there was a sharp decline in the stocks of all companies associated with this sector.

Indian Pharma Stocks Slide as Trump Hints at Tariffs on Drug Imports

Indian pharmaceutical stocks saw a sharp drop on Wednesday after US President Donald Trump signaled that a new wave of tariffs on drug imports might be coming. The Trump thumbs-up for tariffs rattled investor confidence and sent the Nifty Pharma index down 1.7 percent in early trade. This also had the effect of dragging the broader Nifty 50 down with it, as that index slipped 0.52 percent.Each stock in the 20-member pharma index was down, painti…