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Showing posts with the label Trump tariffs on Indian exports

Impact of Trump’s Tariffs on Indian Exports

Impact of Trump’s Tariffs on Indian Exports Introduction The impact of Trump’s tariffs on Indian exports is one of the most significant developments in U.S.–India trade relations. With tariff rates climbing as high as 50% on many Indian goods , the ripple effects are being felt across industries, supply chains, and even consumer prices in the United States. For businesses, policymakers, and investors, understanding how these tariffs affect both countries is critical for future planning. What Are the Tariffs and Why Do They Matter? The United States has introduced reciprocal tariffs on Indian goods, starting at 25% and later rising to 50%. These measures cover over half of India’s merchandise exports to the U.S. , worth tens of billions annually. Heavily affected categories include textiles, gems & jewelry, seafood, and leather, while some exemptions remain in pharmaceuticals and electronics. High tariffs do more than raise prices—they change competitive...