The Tariff Trap: How Trump's Proposal Could Devastate India's Pharmaceutical Industry The phrase "pharmacy of the world" has become synonymous with India, a nod to its long standing reputation as a hub for affordable generic medicines.
But beneath the surface, India's pharmaceutical industry is on shaky ground, and the latest salvo from the US could be its undoing.
Donald Trump's proposed tariffs on generic medicines are being touted as a major push to bring more drug manufacturing back to American shores.