ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Rubio says US tariffs on generic drug imports 'not raised' during talks with EAM, 'might have with others'

ANI Jul 23, 2026 08:48 IST googleads

US Secretary of State Marco Rubio (File Photo/Reuters)

Manila [Philippines], July 23 (ANI): US Secretary of State Marco Rubio said the issue of the newly announced US tariffs on generic drug imports did not come up during his discussions with External Affairs Minister S Jaishankar in Manila, though he noted the matter "might have" been raised with other members of the US administration.
Responding to a question from the press during his visit to Manila on Wednesday, where he attended the ASEAN Post-Ministerial Conference with the US and the Quad Foreign Ministers' Meeting (FMM), Rubio said, "I mean, not with me. I mean, we didn't get into depth on pharmaceuticals today, obviously. I would expect them to be concerned about it, but they didn't raise it today. But they might have with others in our system, because we obviously deal with the Indians; we're very close to them."
Rubio's remarks came in response to a question on whether Jaishankar had expressed concerns over tariffs announced by US President Donald Trump on generic drug makers.
On Tuesday, US President Donald Trump announced that all generic drugs imported into the US will continue to attract zero per cent tariffs for two years from August 1, 2026, after which tariffs will rise by up to 100 per cent for one year and then to 200 per cent.
In a post on Truth Social, Trump said the policy is aimed at bringing generic pharmaceutical production back to the United States, with penalties for companies that choose not to establish manufacturing plants and equipment within the specified timeframe.
"Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter," the post read.
He further stated that the objective is to protect the American people, while the existing policy on patented, branded and innovative drugs will remain unchanged.
"The objective of this Policy is to protect the people of the United States. The Policy on Patented, Branded, or Innovative Drugs, which has been so successful, will remain as is," the post added.
Additionally, pharmaceutical manufacturing facilities are currently being built across the United States at an unprecedented pace, he stated in his post.
"Pharmaceutical Facilities are being built, at a level never seen before, all over the United States of America," the post said.
Meanwhile, according to a US State Department office readout attributed to Spokesperson Tommy Pigott, Rubio and Jaishankar underscored the need to conclude the interim bilateral trade arrangement between the two countries, which, according to the readout, was "almost complete".
The talks also focused on recent developments in West Asia and the Indo-Pacific, while also reviewing progress on key defence issues. (ANI)

Get the App

What to Read Next

Asia

MEA cautions against malicious posts on BRICS leaders’ health

MEA cautions against malicious posts on BRICS leaders’ health

In a post on X, the MEA said, “Misleading! We caution against such malicious posts on social media platforms!”

Read More
Asia

“Energy security paramount”: Ex-diplomat Ashok Sajjanhar

“Energy security paramount”: Ex-diplomat Ashok Sajjanhar

“Basically, number one, I would totally support what the Indian establishment has articulated, has mentioned on this: that this is absolutely of paramount importance, that we will ensure that energy is available at reasonable prices, affordable prices, and regularly, that there are no stoppages as far as energy supplies are concerned,” Sajjanhar told ANI.

Read More
Asia

Nirmala Sitharaman meets his Nepali counterpart Swarnim Wagle

Nirmala Sitharaman meets his Nepali counterpart Swarnim Wagle

The high-level meeting took place during Wagle's first official visit to India since assuming office as Nepal's Finance Minister. India's Foreign Secretary and the Secretary of the Department of Economic Affairs also attended the discussions.

Read More
US

Trump plans to sign Russia sanctions bill: White House official

Trump plans to sign Russia sanctions bill: White House official

US President Donald Trump plans to sign a sweeping sanctions bill targeting Russia and Iran, a White House official has told ANI, after the legislation cleared both chambers of Congress.

Read More
Asia

China rejects US unilateral sanctions on Russian energy imports

China rejects US unilateral sanctions on Russian energy imports

Beijing reiterated its opposition to "long-arm jurisdiction" and unilateral economic sanctions, stating that any sanctions not authorised by the UN Security Council have no basis in international law. Defending sovereign trade, the Ministry of Foreign Affairs said normal economic and trade cooperation between sovereign nations is not directed at third parties and should not be subjected to external coercion or interference.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.