US President Trump has announced a 25% tariff on imported cars and components, significantly affecting US consumers and potentially inciting retaliation from the EU and Canada. Indian automakers might evade immediate impact, but the auto parts and tyre industries, particularly those with US-export dependencies, could face challenges.
Related Posts
‘India very high tariff nation’: Trump reiterates reciprocal tariffs from April 2
US President Donald Trump labeled India a ‘very high tariff nation’ and announced reciprocal tariffs to start on April 2. He criticized India’s tariffs on […]
How Apple flew 5 iPhone flights in 3 days to beat Trump tariffs
Apple shipped five planes of iPhones and other goods from India to the US in March to dodge new 10% tariffs. The move, meant to […]