US EditionTrump tariff: India’s strict testing rules for chemicals, medical devices hurt US exports, says White House
- The U.S. Plans to impose reciprocal tariffs on Indian products affecting agriculture, machinery, and pharma, according to experts.
- The pharmaceutical sector, India's largest export at $12.72 billion, may face a 10.90% tariff differential, raising medicine costs.
- Leader of the Opposition Rahul Gandhi criticized the government's handling of U.S. Tariffs, stating they would 'devastate our economy,' especially in the pharmaceutical industry.
- Gandhi also raised concerns about China's encroachment on Indian territory, claiming the government fails to take a firm position on the issue.
14 Articles
14 Articles
Trump tariff: India’s strict testing rules for chemicals, medical devices hurt US exports, says White House
The White House said if the barriers like testing and certification requirements are done away with, the US exports would see an uptick by at least $5.3 billion annually.
India’s top exports have 30% dependence on US, but some sectors may escape tariff hit
The impact of US reciprocal tariffs could be moderate on India, and in some cases even positive, as China, which accounts for the largest share of US imports of electronics, for example, will attract a higher 54% tariff
NDTV
indiandefensenews.in26% US Tariffs On India To Hit Domestic Players: Top Exporters Body
India's apex exporters' body, FIEO, stated on Thursday that the 26 per cent tariffs or import duties announced by US President Donald Trump on India will undoubtedly affect domestic players.
U.S. tariffs may impact India’s agriculture, machinery, pharma, electrical, chemical sectors: Experts
According to think tank Global Trade Research Initiative, the hardest-hit sector in agriculture would be fish, meat, and processed seafood, with $2.58 billion in exports in 2024, facing a 27.83% tariff differential
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