Founder - Burn Inves...Ā ā¢Ā 2m
How Trump Tariff Move Could Hit Indian Exports If Trump actually comes and slaps tariffs on Indian products things could get tricky fast Indian exporters might start feeling the heat straight away stuff like clothes, medicines, auto parts all that might cost more in the US and buyers over there might just cut down or look somewhere else for cheaper options that is bad news for businesses here that count on selling to the US. Smaller companies especially could be in trouble they donāt always have backup plans or deep pockets to handle losses If orders drop, factories might slow down, and jobs could be on the line a big hit to exports might also mess with the rupee and widen our trade gap. India wonāt just sit and watch obviously there could be a response maybe tariffs on American goods too that could start a back and forth that does not help anyone It might even mess with tech partnerships or defense stuff between the two countries and yeah investors donāt like this kind of drama so it could shake confidence too. That said India has been working on not putting all its eggs in one basket we have building ties with other regions like Europe, Southeast Asia, and the Gulf so we might take a hit but we wonāt be completely stuck. In the end it depends on how both sides handle it If things get tense, sure, it will be a headache for exporters and the economy but Indiaās not without options we have faced worse and adapted before.
Founder - Burn Inves...Ā ā¢Ā 5m
No doubt, India conducts 17% of its exports to the USA, but it is very important for us to know that India is gradually diversifying its exports. Therefore, our market does not face as much risk from USA tariffs as others, like China. On the contrary
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The USA has removed tariffs on the import of smartphones and computers, which has led to a good rally in the Indian market. However, at the same time, the USA also mentioned yesterday that they will soon implement tariffs on pharmaceuticals as well,
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So⦠tariffs are back Theyāre called reverse tariffs (or more technically, reciprocal tariffs) and theyāre turning the trade tables in a pretty dramatic way. Economists are raising eyebrows Because trade deficits arenāt necessarily a bad thing. Itās
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SHORT NEWS about Metal Scraps 1. India exported 8,175 scrap metal containers between March 2023 and February 2024; top destinations were Russia, the US, and South Korea. 2. Global ferrous metal scrap trade decreased by 6% in the first half of 2024
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