Encounter News Punjabi

Raghav Chadha Reacts to US Tariff Hike on Indian Pharma, Calls for Strategic Shift

WhatsApp Channel Join Now

New Delhi,: Aam Aadmi Party MP Raghav Chadha has weighed in on US President Donald Trump’s announcement of a 100% tariff on pharmaceutical imports, warning of serious consequences for Indian drug exporters.

In a social media post on Friday, Raghav Chadha recalled that he had raised alarm about such trade threats seven months ago in Parliament. “Today, President Trump has imposed a 100% tariff on pharmaceuticals — a jolt for Indian drug makers who supply 40% of US pharma imports,” he wrote.

India’s pharmaceutical industry is heavily reliant on exports to the United States, with several companies earning a large share of their revenues from generic and specialty drugs shipped to American markets. Industry watchers fear that the sharp increase in tariffs could severely affect pricing, margins, and access to what is India’s largest pharma export destination.

Chadha, however, emphasized that India must treat the challenge as a turning point, not a setback. “India must turn this challenge into an opportunity by deepening alliances with other countries, co-developing medicines, sharing technology and creating pooled procurement deals,” he said.

He added that India’s strength lies in affordable, high-quality healthcare, and urged policymakers and the pharma sector to focus on expanding into new global markets. “By leading in affordable healthcare, India can secure new markets while reinforcing its role as a trusted partner in public health,” his statement read.

As global supply chains shift and geopolitical tensions rise, Chadha’s remarks reflect growing calls within India to reduce dependence on single export markets and invest in long-term resilience through innovation and international collaboration.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group

Latest Articles

‘Eyes On Me’ Teaser Ignites Internet Within Minutes, Revives Sidhu Moosewala’s Legacy

Chandigarh: The digital world lit up on Friday morning as the...

Iran Jabs Trump Over ‘Hellholes’ Remark, Invites Him to Experience India Firsthand

Tehran: A fresh diplomatic spat has erupted after Donald Trump shared...

Scorching Heat Grips Punjab and Chandigarh, Bathinda Sizzles at 44°C; Relief Likely Next Week

Chandigarh: A severe spell of summer heat has tightened its grip...

Joint Police-BSF Operation Foils Drug Smuggling Bid Near Border, Heroin Worth Crores Seized

Amritsar: In a significant crackdown on cross-border narcotics trafficking, a joint...

PM Modi Takes Hooghly River Cruise, Offers Prayers to Ganga During Bengal Visit

Kolkata: During his visit to West Bengal ahead of the upcoming...

US Deploys Third Aircraft Carrier to Gulf Amid Rising Regional Tensions

Washington: The United States has stepped up its military presence in West...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here