Indian drugmakers face uncertainty as Trump threatens steep tariffs and price cuts

Speaking to reporters before boarding Air Force One in Allentown, Pennsylvania, Trump said, “We’ve cut drug prices by 1,200%, 1,300%, 1,400%, 1,500%. I don’t mean 50%. I mean 1,400%, 1,500%, because we’re going to favoured nations. We want the same price as Europe gets.”

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