International

US announces zero tariff on specialty drugs from India

Hindustan Times35m
THE BRIEF
1

The US Commerce Department will implement a zero percent tariff on specific specialty drugs and ingredients imported from India and 19 other countries.

2

The policy applies to treatments for rare diseases, gene therapies, and cell therapies, provided the nations have existing trade and security framework agreements.

3

This exemption runs alongside a broader 100 percent tariff on specified patented pharmaceutical products starting September 29, aimed at boosting domestic production.