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The Economic Times
The Economic Times
National

Generic drugmaker Sandoz to engage with US after Trump tariff threat

Sandoz United States Donald Trump

ZURICH: Swiss generic drugmaker Sandoz said on ​Wednesday it would continue ​discussions with policymakers after U.S. President Donald Trump ​threatened the industry with steep tariffs unless drugmakers manufacture medicines domestically.

Trump said in a post on X on Tuesday that generic drugmakers will have to ‌manufacture medicines ⁠for ⁠the U.S. locally or be hit with a 100% tariff from August ​2028 followed by a 200% tariff starting the year after.

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