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Trump Unleashes 50% Copper, 200% Pharma Tariffs on India

7/9/2025

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Summary

Story summary

President Trump has unveiled a bold move, imposing a staggering 50% tariff on imported copper and a jaw-dropping 200% tariff on pharmaceuticals, directly targeting India, a key exporter. As the U.S. remains India's largest pharmaceutical market, these tariffs threaten to shake up supply chains, although companies will have a grace period to adapt to the changes.

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Story summary

President Trump has unveiled a bold move, imposing a staggering 50% tariff on imported copper and a jaw-dropping 200% tariff on pharmaceuticals, directly targeting India, a key exporter. As the U.S. remains India's largest pharmaceutical market, these tariffs threaten to shake up supply chains, although companies will have a grace period to adapt to the changes.