Pharmaceutical imports into the US are currently exempted from these reciprocal tariffs. Though this provides a relief, the administration is studying various protective measures imposed by countries on drugs manufactured in US and if found unfair may lead to an imposition of sectoral tariff under Section 232 of the US Trade Act.
NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
US President Donald Trump has invoked his authority under International Emergency Economic Powers Act of 1977 (IEEPA) and has imposed a flat 10% tariff on all countries (effective April 05, 2025) and a higher tariff on companies with which it has a higher trade deficit (effective April 09, 2025).
Pharmaceutical imports into the US are currently exempted from these reciprocal tariffs. Though this provides a relief, the administration is studying various protective measures imposed by countries on drugs manufactured in US and if found unfair may lead to an imposition of sectoral tariff under Section 232 of the US Trade Act.
Besides, US also wants to become self-reliant in manufacturing of essential drugs which may also warrant shift in manufacturing of these drugs to US.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
