Trump's pharma tariff pivot hits Australian and India drugmakers
SHAUN TURTON and SAYAN CHAKRABORTY
MELBOURNE/BENGALURU -- U.S. President Donald Trump dealt Asian markets a fresh bout of volatility on Wednesday after he said pharmaceutical imports would face tariffs by "the end of the month," having earlier given a much longer time frame for the move.
Trump last week flagged a potential 200% levy on foreign medicines imported into the U.S but said drug manufacturers would be given up to a year and a half before it was implemented.
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