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Trump's Tariffs Are Targeting Indian Drugmakers. Americans Could Soon Pay More for Generic Medicines, CEO Warns

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International Business Times Fews App News Provider
Fews App Post Time 7h ago

Erez Israeli, CEO of Dr. Reddy's Laboratories, said that President Donald Trump's proposed tariffs on imported generic medicines would inevitably translate into higher prices for patients. Spencer Platt/Getty Images Americans could soon pay significantly more for generic prescription drugs under the Trump administration's new tariff policy, according to the chief executive of one of India's largest pharmaceutical manufacturers.

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