Tag: India response to Trump tariffs

  • Trump Tariffs on India: Economic Impact and Political Fallout on US-India Trade Relations

    Trump Tariffs on India: Economic Impact and Political Fallout on US-India Trade Relations

    Trump’s tariffs on India, reaching 50% on imports, directly threaten India’s $86.51 billion in U.S. exports across textiles, pharmaceuticals, IT services, and gems. Morgan Stanley estimates a prolonged 50% duty could reduce India’s GDP growth by 0.4–0.8%. This article examines the tariff mechanism, India’s position relative to China, and the sectoral damage across manufacturing and…