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Trump's Tariff Tactics
Bio Spectrum
|BioSpectrum India April 2025
The Indo-US trade turbulence triggered by US President Donald Trump's repeated statements over reciprocal trade tariffs continues to be a cause for concern.
Under such circumstances, the latest McKinsey - Indian Pharmaceuticals Alliance (IPA) report is very positive and encouraging, as it noted that the Indian pharmaceutical sector is at a tipping point and over the next decade it could redefine operational strategies to tap potential opportunities, unlocking the next level of performance as a global leader.
It has recommended the Indian industry to adopt several initiatives like zero-error quality and autonomous planning to further accelerate its global leadership even with significant disruptions on the horizon.
Some reports quoted the US President claiming that India has agreed to reduce the tariffs. However, this claim could not be substantiated from the Indian government sources till this piece was being written.
Denne historien er fra BioSpectrum India April 2025-utgaven av Bio Spectrum.
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