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Rohan Saha
Founder - Burn Finan... • 1d
25% Tariff: India & US Are Feeling It On August 1st the US slapped a 25% duty on a bunch of Indian goods shrimp, jewelry, auto parts, steel, electronics the reason? Washington’s uneasy with India’s deals in defense and energy, especially with Russia. For India: Local businesses big and small may feel the heat with exports getting costlier demand could dip that means production slows down jobs get shaky and some sectors scramble to find other buyers maybe in the UK, Middle East, or Southeast Asia. It’s not a shutdown but it’s a speed bump the rupee might wobble and for manufacturers margins get tighter. For the US: American buyers face sticker shock from seafood wholesalers to fashion importers, many will pay more that often means higher shelf prices and fewer choices. Replacing Indian suppliers isn’t quick and while big businesses might adjust, smaller ones will feel the crunch. Global trade is not just about charts it’s about how people live and how businesses move the next few months? Bumpy ride for both sides.
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