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Home World India

‘Worse than Covid’: Trump’s tariffs shake Indian exporters; will it impact China+1 strategy?

7 August 2025
in India
0
‘Worse than Covid’: Trump’s tariffs shake Indian exporters; will it impact China+1 strategy?
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US President Donald Trump’s recent decision to double tariffs on Indian exports to 50% is causing significant turmoil among Indian exporters, compelling them to seek alternatives and potentially jeopardizing India’s goal of becoming a manufacturing hub. The tariffs, viewed as detrimental—especially for smaller businesses—could lead to a 1% decrease in India’s GDP, prompting calls for governmental support and strategic shifts in production locations.

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Tags: China1CovidDonald TrumpDonald Trump tariffsDonald Trump tariffs on IndiaExportersImpactindia russia oilIndiannarendra modipiyush goyalshakestrategyTariffsTrump tariff impacttrump tariff warTrumpsworse
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