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Indian markets shrug off 27% US tariff

Summary by Business Live

New Delhi vows to push ongoing talks for trade deal with US

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Indian markets shrug off 27% US tariff

New Delhi vows to push ongoing talks for trade deal with US

19 hours ago·Johannesburg, South Africa

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eastcoastdaily.in

Indian pharma could face future US tariffs under Trade Expansion Act: Report | DH Latest News, DH NEWS, US, Latest News, NEWS ,

The United States recently imposed a 27% reciprocal tariff on Indian exports but excluded the pharmaceutical sector from these duties. However, concerns remain that this exemption may be temporary. A report by HDFC Securities warns that Indian pharmaceutical products could be subjected to future tariffs under the Trade Expansion Act of 1962, which gives the US President the authority to alter trade tariffs. While the current decision alleviates …

23 hours ago

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THIP Media

US reciprocal tariff exemption on Pharma to boost manufacturing

Last Updated on April 3, 2025 by Nivedita New Delhi, April 3 (IANS) Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump’s reciprocal tariffs while also stressing the need to strengthen domestic manufacturing. The experts cited the importance of the cost-effective and life-saving Indian generic medicines as the reason for the […] The post Experts welcome US reciprocal tariff exemption on pharma, call to…

1 day ago

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theindianawaaz.com

Indian Pharmaceutical Alliance welcomes exclusion from US tariffs - The Indian Awaaz

AMN The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from the new import tariffs announced by US President Donald Trump, emphasizing the growing bilateral trade ties between India and the United States. Sudarshan Jain, Secretary General of the IPA, expressed appreciation for the decision and highlighted the vital role that India plays in global healthcare, particularly in supplying affordable medicin…

1 day ago

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India Post

Pharma tariff exemption to boost India-US trade ties: IPA's Secretary General Sudarshan Jain - IndiaPost NewsPaper

NEW DELHI: The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from US tariffs, with Secretary General Sudarshan Jain emphasising the deepening of India-US trade ties under the Mission 500 initiative, aiming to double bilateral trade to USD 500 billion. In a statement, Jain said, “India and the US share a strong and growing bilateral trade relationship, with a shared vision to double trade to USD 500 bi…

1 day ago

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