International
At the sidelines of the 80th UN General Assembly, BRICS nations voiced “serious concerns” about a rise in unilateral tariffs and non-tariff barriers. They warned that such protectionist policies risk marginalising the Global South and fracturing global trade. Trade Measures Seen as Coercive In a joint communiqué, the group said indiscriminate tariff increases and coercive
International
From October 1, 2025, the U.S. will impose 100% tariffs on imported branded or patented pharmaceutical products, unless the manufacturers are already building or expanding U.S. facilities. Who Is Most Exposed European pharmaceutical exporters are expected to be the worst affected, especially those exporting high-value branded drugs. India, by contrast, may be less impacted