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Chinese exporters to US tread warily as tariff uncertainties linger

Economic Times

Economic Times · 2m ago

Chinese exporters to US tread warily as tariff uncertainties linger

Chinese exporters, like Deng Jinling of Lucky Bird Trade, cautiously welcomed the temporary 90-day tariff reprieve by the US while remaining uncertain about future trade relations. The unpredictable nature of the US-China trade war and potential policy changes, especially under President Trump, has left Chinese manufacturers seeking alternative markets and strategies, such as scouting for warehouses or expanding operations abroad, to mitigate risks. Despite the temporary tariff reductions, anxiety among exporters about post-pause scenarios remains high.

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Business Today · 3m ago

Piyush Goyal likely to meet exporters on April 9 when reciprocal tariffs take effect

Commerce and Industry Minister Piyush Goyal plans to meet exporters on April 9 to address reciprocal tariffs, notably the 26% US tariff on Indian goods. The meeting will explore strategies to mitigate tariff impacts, aiming to negotiate a bilateral trade agreement with the US and fast-track deals with other countries. Exporters seek government support through reinstating export incentive schemes. This follows Goyal's discussions with export councils on US trade issues in March.

Exporters fear cancellation of US orders, seek aid after Trump slaps 25% tariff on India

Economic Times

Economic Times · 5h ago

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Exporters in India are concerned about potential cancellations of US orders after a 25% tariff was imposed on Indian goods, higher than those on competitors from Bangladesh, Pakistan, and Vietnam. They are seeking government aid, such as the Export Promotion Mission and support for the US market. This tariff increase threatens significant Indian export revenues and jobs, especially in the textile sector, which relies heavily on the US market for sales.

High US tariffs pushing Chinese exporters to tap Indian firms for shipments to America: FIEO

Economic Times

Economic Times · 3m ago

High US tariffs pushing Chinese exporters to tap Indian firms for shipments to America: FIEO

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India Drug, Auto Exporters See Limited Impact of US Tariffs

Livemint

Livemint · 5m ago

India Drug, Auto Exporters See Limited Impact of US Tariffs

Indian exporters in the automobile and pharmaceutical sectors expect limited impact from potential US tariff hikes proposed by President Trump. Industry leaders believe other Asian competitors would face similar challenges, allowing Indian firms to remain competitive. Pharmaceuticals, particularly generic drugs, are expected to see minimal effects. Auto industry leaders also foresee limited repercussions, as current import duties on US components remain low. A potential trade deal between India and the US might further mitigate tariff impacts.

Trump's 25% tariff may put pressure on India’s gem and jewellery exports

Economic Times

Economic Times · 3d ago

Trump's 25% tariff may put pressure on India’s gem and jewellery exports

The recent imposition of a 25% tariff by the US on India’s gem and jewellery exports, effective from August 1, is expected to significantly impact the industry. This steep tariff raises concerns about reduced orders, inflated costs, squeezed profit margins, and potential job losses, particularly in Surat's diamond hub. India's gem and jewellery trade, already reeling from a previous 10% tariff, faces heightened challenges as exporters struggle with price negotiations and survival concerns.

MeitY wants tariff shield for electronics exports - The Economic Times

Economic Times

Economic Times · 4d ago

MeitY wants tariff shield for electronics exports - The Economic Times

India is seeking a tariff shield for its electronics exports, primarily reliant on the US market, to avoid being grouped with major exporters like China. The Ministry of Electronics and Information Technology (MeitY) has urged the Commerce Department to advocate for more favorable tariffs amid ongoing US-India trade discussions. India aims to enhance its burgeoning electronics sector under government support, overcoming potential tariff barriers that may arise from US trade policies targeting exports from Asia.

Trump tariffs deal $12-billion blow to Indian engineering exports; EEPC eyes market diversification

Economic Times

Economic Times · 1d ago

Trump tariffs deal $12-billion blow to Indian engineering exports; EEPC eyes market diversification

Indian engineering goods exporters face a $12 billion impact from a 25% US tariff starting August 1, affecting over 60% of India's engineering shipments, primarily steel and aluminium products. The move threatens India's largest export market, spurring strategies to diversify into South America and Mexico. While industry analysts foresee shipment declines, EEPC actively explores risk mitigation. Exporters are advised caution until further clarity on penalties and potential trade agreements emerges.

More Android phones sail to foreign shores via India

Economic Times

Economic Times · 1m ago

More Android phones sail to foreign shores via India

Motorola and Samsung have significantly increased their smartphone exports from India, targeting the US market amid favorable tariff conditions. Lenovo-owned Motorola shipped 1.6 million Android phones in early 2025, while Samsung exported 945,000 devices in the same period. This export growth is driven by US tariff policies, India’s government incentives, and the production-linked incentive (PLI) scheme. Other brands like Apple remain larger exporters, but Motorola shows notable expansion, especially catering to the North American market.

Exporters take wind out of shippers’ sails

Economic Times

Economic Times · 4m ago

Exporters take wind out of shippers’ sails

Exporters in various sectors, including electronics and apparel, are opting to airlift consignments to the U.S. ahead of potential reciprocal tariffs imposed by President Trump. This shift from traditional shipping methods is due to tariff uncertainty and logistical challenges. Airlifting is feasible only for certain products like electronics and jewellery. Despite this, a potential India-US Bilateral Trade Agreement reassures exporters, expecting resolution. The Indian government is considering incentives to boost exports.

US stock market today: Dow struggles, Nasdaq dips, S&P slides as Boeing crashes and Trump sparks fresh China tariff fears

Economic Times

Economic Times · 1m ago

US stock market today: Dow struggles, Nasdaq dips, S&P slides as Boeing crashes and Trump sparks fresh China tariff fears

The US stock market faced volatility as Dow Jones, S&P 500, and Nasdaq experienced fluctuations due to geopolitical tensions and trade policy uncertainties. President Trump's announcement of a "done deal" with China, including a potential 55% tariff, created skepticism and market anxiety. Boeing's stock plummeted following a fatal crash, while Oracle surged due to strong earnings. Rising Middle East tensions raised oil prices, with investors turning to safe havens like gold amid global uncertainties.

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