US President Donald Trump has imposed a 25% tariff on imported cars and auto parts, aimed at boosting domestic automotive manufacturing. This move could disrupt global supply chains, impacting India’s auto parts industry. Major Indian suppliers may need to explore new markets to counter the potential decline in US demand. Talks for a US-India bilateral trade agreement are ongoing.
Related Posts
Homemaker, waiter, transporter, Kyrgyz designer part of Delhi hashish racket
Delhi Police recently busted a drug cartel. The cartel was smuggling hashish from Himachal Pradesh. Four people were arrested in connection with the case. The […]
Pakistan woos Trump family with Crypto tie-up; calls India’s approach mistake
World Liberty Financial, a crypto firm majority-owned by the Trump family, signed a letter of intent with the Pakistan Crypto Council to boost blockchain innovation. […]
Trump slams Fed’s Powell again as US stocks tumble
US stocks plummeted following Donald Trump’s criticism of Fed Chair Jerome Powell, with the Dow, S&P 500, and Nasdaq all experiencing significant declines. Technology stocks […]