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Trump’s 25% Tariff Shock: Impact on India, Pharma & Auto Sectors – Boom or Bust?
With a 25% tariff on key sectors such as automobiles, pharmaceuticals, and semiconductors, how will India be affected?
Feb 21, 2025 · 1 min read
Trump’s proposed 25% tariff on crucial industries could send shockwaves through global trade, and India is no exception. The U.S. is a major market for Indian pharmaceutical exports, and increased duties could disrupt supply chains and pricing.
Our Editor Jayanta Roy Chowdhury dissects the situation in a conversation with our Finance Expert Mahua Venkatesh. They are joined by Ajay Sahai, DG & CEO of FIEO (Federation of Indian Export Organisations), who warns of a potential global trade slowdown and its risks for Indian exporters, and Nilanjan Banik, Professor at Mahindra University, who analyses the broader economic impact on trade and on the US economy itself.
Join us as we break down the impact of these tariffs on the Indian economy and what lies ahead in the global trade landscape.
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