Sun Pharma, Divi's Lab, other pharma shares fall up to 4% as Trump may impose 100% tariffs on global drugmakers
SUNPHARMA , Divi's Lab, other pharma shares fall up to 4% as Trump may impose 100% tariffs on global drugmakers
Pharma stocks declined up to 4 percent on Thursday after reports of Trump administration's plans to announce tariffs on drugmakers as soon as Thursday.
The US has been considering a 100 percent tariff on imported branded and patented medicines.
All pharma stocks may decline further if actually this is imposed.
All this is for information.
This is not a buy/sell recommendation.
Thank you,
Technofunda24
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