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Shrimps to smartphones & diamond: FIEO identifies 300 top exports to push for US tariff cuts
Economic Times
·
22d ago
Medial
The Federation of Indian Export Organisations (FIEO) has pinpointed over 300 high-potential export items to push for US tariff reductions. This list, including frozen shrimps, pharmaceuticals, and smartphones, represents two-thirds of India’s exports to the US. FIEO seeks export promotion and trade facilitation to secure competitive advantages. Ongoing negotiations face complexity due to U.S. demands and India's reluctance to offer concessions in sensitive sectors, amidst U.S. pressures under President Trump's administration.
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Donald Trump tariffs marginally favourable for Indian smartphone exports: Crisil
Economic Times
·
3m ago
Medial
US tariffs, particularly those initiated by President Donald Trump, may slightly benefit India's smartphone exports. While U.S. tariffs on Chinese imports stand at 245%, Indian exports face a lower tariff of 26%. This could make Indian-made smartphones more competitive, despite being priced higher than Chinese ones. However, such tariffs may increase U.S. inflation and push global manufacturers to seek markets with lower tariffs, potentially impacting India's export boost in the longer term.
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Trump's 25% tariff may put pressure on India’s gem and jewellery exports
Economic Times
·
6d ago
Medial
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.
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High US tariff comes 'shocking'; to hit India's shrimp exports: Agri-economist Ashok Gulati
Economic Times
·
6d ago
Medial
India's shrimp exports are expected to be significantly affected by a new US tariff of 25%, which includes penalties starting August 1, according to agri-economist Ashok Gulati. Trump's unexpected decision is seen as punitive and will likely benefit Equador, which faces lower tariffs. India's shrimp exports, a vital component of its seafood sector, have a significant market in the US, making this tariff particularly impactful. The tariff also influences Indian textile exports to the US.
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MeitY wants tariff shield for electronics exports - The Economic Times
Economic Times
·
7d ago
Medial
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.
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US tariff to hit iPhone production expansion, electronics exports
Economic Times
·
6d ago
Medial
US President Donald Trump's 25% tariff on Indian imports may hinder Apple's iPhone production expansion and electronics exports. The tariff, alongside Chinese restrictions on critical components, poses a challenge for India's electronics manufacturing sector, potentially impacting exports and increasing production costs. While Apple plans to grow its iPhone production in India, meeting US demand requires significant expansion. Experts emphasize the need for India to reduce dependencies and diversify its electronics export markets.
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Crisil revises India's FY26 GDP growth to 6.5% on good monsoon, rate cuts, and rural support
Economic Times
·
1m ago
Medial
Crisil has revised India's GDP growth forecast for FY26 to 6.5%, citing factors like above-normal monsoon predictions, rate cuts, and government rural support. The India Meteorological Department anticipates a strong monsoon to enhance agricultural output and consumer spending. Expected additional rate cuts and income tax reductions will likely boost domestic demand and private consumption. However, global uncertainties and tariff hikes may affect exports and private investments.
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India offered US a deal, basically zero tariffs, says Donald Trump
Economic Times
·
2m ago
Medial
In a significant development, US President Donald Trump announced that India has proposed a trade deal offering zero tariffs on a wide range of American products. Both nations are engaged in high-level trade negotiations to resolve tariff issues. India aims to reduce average tariffs from 13% to under 4% and seeks US tariff exemptions in return. Recently, the US temporarily suspended additional tariffs on Indian exports, fostering positive trade discussions.
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India's iPhone, smartphone exports to US have 20% tariff edge over China after exemption: Industry
Economic Times
·
3m ago
Medial
India's smartphone and electronic exports to the US, including iPhones, will be 20% cheaper than those from China, thanks to US tariff exemptions. This shift, driven by the Trump administration's policy amendments, offers a significant cost advantage for Indian exports. The move provides timely relief to the global tech industry, potentially making India a preferred manufacturing hub. With India’s mobile exports surging, the country stands to benefit from further scaling operations in global electronics value chains.
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Apple exports 97.6% of iPhones to US from India amid tariffs: Report
Economic Times
·
3m ago
Medial
Apple increased its iPhone exports from India to the US due to impending tariffs on Chinese imports. In March 2025, 97.6% of iPhones exported to the US were from India, as Apple shifted production from China to India. S&P Global reported a 219% rise in exports, driven by tariff concerns. Despite reliance on Chinese components, Apple plans to centralize US-bound iPhone production in India by 2026, leveraging local incentive schemes and expanding manufacturing facilities.
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More Android phones sail to foreign shores via India
Economic Times
·
1m ago
Medial
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.
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