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US Markets Today: Pharmaceutical sector stocks fell at Wall Street open on Wednesday, April 9, after fear over the upcoming US tariffs on pharma imports spooked investors amid a raging trade war between the United States and other world nations. Stocks like Pfizer, Amgen, Johnson & Johnson, were among others which dropped on Wednesday as…
US tariffs on Pharma: US President Donald Trump announced that tariffs on pharmaceutical product imports will be announced soon. The products have been exempted from the tariffs announced to date. While the move seems to be largely aimed at Ireland and China, Indian pharma companies with significant exposure to the US may still face challenges….
Indian pharma stocks, including Sun Pharmaceutical Industries, Gland Pharma, Lupin and others traded sharply lower on Wednesday after the US President Donald Trump said he will soon announce a ‘major’ tariff on pharmaceutical imports. Fall in pharma stocks dragged the Nifty Pharma index more than 2% lower. Speaking to an event at the National Republican…
Donald Trump described April 2, 2025—the day reciprocal tariffs were introduced—as the most significant economic liberation day in U.S. history. However, this move was widely perceived both domestically and globally as a regressive step, marking a blow to the international trade system. Since the post-World War II era, international trade has expanded significantly due to…
Stock market today: Indian markets ended Thursday’s session, April 3, lower, but outperformed most Asian peers, as the 26% duty, announced by the Donald Trump administration on Tuesday, on Indian exports, made it one of the least-tariffed Asian exporters. The major relief came as Trump excluded tariffs on drug imports, triggering a sharp rally in…
Stock market today: Indian pharma stocks extended their losing streak to the third consecutive trading session on Thursday, March 27, as concerns grew that US President Donald Trump may announce tariffs on pharmaceutical imports, following his imposition of duties on automobiles. On Wednesday, Trump announced a 25% tariff on auto imports, a move the White…
Stock market today: Indian markets continued their stellar run for the sixth consecutive trading session on Monday, March 24, with Nifty 50 and Sensex surging another 1% each at the day’s highs, building on last week’s strong momentum. Positive domestic macroeconomic factors and easing concerns over valuations, especially in large-cap stocks, have brought optimism to…
