China Opens Doors For Indian Pharma With Zero Duty, Relief Arrives As US Shuts Out Imports With 100% Tariff
In a major development, China has slashed the 30 percent import duty on Indian pharmaceutical products to zero.
Tag: Trump Tariff
Trump Declares 100% Tariff On Pharma Imports From October 1, India May Be Hit
US President Donald Trump on Thursday announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs, starting October 1, 2025.
Trump softens… Is a deal with the US on the cards? The 25% extra tariff on India could be lifted!
The 50% tariff imposed by the US on India could be significantly eased, and the additional 25% tariff imposed by Trump on Russian oil purchases could be lifted.
US tariff shield: Export promotion mission heads to Cabinet, Rs. 25,000 crore support on table
The government’s proposed Export Promotion Mission, designed to shield India exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.
Exporters to take price cuts but hopeful on deal
In the last few days, I have talked with many exporters regarding the impact of high US tariffs on Indian goods. Here are some responses.
Tamil Nadu hotels to boycott U.S.-based beverages over Trump’s tariffs
The Tamil Nadu Hotel Owners Association, on Wednesday (September 4, 2025), announced a boycott of mineral water and beverage products manufactured by United States-based companies, as well as a plan to log out of food delivery apps, such as Swiggy and Zomato, and instead migrate to a home-grown app.
Govt keeping ‘good watch’ on rupee as several currencies fall, says FM
Finance Minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.
FM Sitharaman has a message of hope for exporters hit by Trump tariffs
The Indian government is working on a comprehensive package to support Indian exporters impacted by a steep 50 per cent tariff imposed by the US, Finance Minister Nirmala Sitharaman has said, asserting a multi-departmental engagement is underway to assess the impact on Indian shipments.
Trump says he’ll ‘always be friends’ with Modi; ‘nothing to worry’ about India-U.S. ties
Amid current tensions between Washington and Delhi over tariffs and purchase of Russian oil, U.S. President Donald Trump said India and the United States have a “special relationship” and there’s nothing to worry about as the two countries “just have moments on occasion”.
Will GST rate cuts help counter Trump’s 50% tariff? India’s GDP growth may even go up; here’s why
India, the world’s fastest growing major economy, is preparing to bear the brunt of US President Donald Trump’s trade war and 50% tariffs. In this backdrop, the Goods and Services Tax (GST) rate cuts couldn’t have come at a more opportune time.