Brief by Shorts91 Newsdesk / 06:37am on 13 Mar 2025,Thursday India Global
The US plans to impose tariffs on Indian medicines, which may increase drug prices for millions of Americans. India supplies nearly half of all medicines used in the US, including essential drugs for heart disease and mental health. Experts warn that tariffs could lead to shortages and make some medicines unaffordable. India’s Commerce Minister Piyush Goyal recently visited the US to negotiate a trade deal. Indian drug companies say shifting production to the US is too costly. Both countries are under pressure to find a solution before tariffs take effect in April.
