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Stock impact report

Will Trump Drug Tariffs Help Or Hurt The U.S.? [Forbes]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Forbes
March 4, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images During his address to Congress on March 4, President Trump called for reciprocal tariffs on trading partners. If, for example, a country imposes a tariff on pharmaceuticals imported from the U.S., the U.S. will impose the same tariff on any drugs that country exports to us. This policy could to take effect April 2. Whether exemptions will be considered for generic drugs in shortage is unclear. This announcement follows an earlier Trump to impose a 25% tariff on drugs imported from other countries. He thinks tariffs will prompt oversea manufacturers to move production to the U.S. If this strategy works, it could help rebuild an industrial base tha Read more
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