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<\/p>\nIndia may not be able to export goods to the US. Here’s why.<\/p>\n
<\/p>\n
The US just slapped massive tariffs on Mexico, Canada, and China on Saturday. A 25% tariff on imports from Mexico and Canada. A 10% tariff on Chinese goods. What if India is next?<\/p>\n
The Indian government is already preparing a response. Officials are in talks and industries are being warned. They are preparing a list of goods that might attract tariffs.<\/p>\n
Our top exports to the US are textiles, electronics, engineering goods, and pharma. These are at the biggest risk. These alone accounted for $46.43 billion in FY24. A tariff hike could hit jobs, businesses, and the economy.
\nBut there is light at the end of the tunnel because:<\/p>\n
1. The US has a trade deficit with India of $35.32 billion. Cutting ties with us won\u2019t be easy.<\/p>\n
2. Tariffs on China could push US companies to India, opening new opportunities.<\/p>\n
3. India is lowering customs duties on key imports, signaling a willingness to cooperate.<\/p>\n
Trump once called India’s import duties on Harley Davidson bikes “unacceptable”. Now, we\u2019ve cut them from 50% to 30%.<\/p>\n
Is India making the right moves to avoid tariffs? Or is a trade war inevitable? I am on a mission to provide solid, research-backed investment advice to 1 lakh retail investors who are often misled in the markets by the big players with ulterior motives. Visit my website to know more.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-10237","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/10237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=10237"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=10237"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=10237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nLet’s discuss in the comments \ud83e\udd14
\nPS- I create content to help you become an informed investor. You can follow me here- Aakash Jajoo, SEBI RA<\/a><\/p>\n