Trump’s 25% tariff on Indian exports could change based on negotiations or additional surcharges on Russian oil imports
Mobile manufacturing and other sectors may face different tariffs, with India’s role in iPhone production potentially softening the impact
India faces a 25% tariff, higher than the 15% for developed countries like Japan and the EU, hurting export competitiveness
India must stay engaged with the US to secure a fairer tariff rate and protect its trade interests
India should seek broader agreements with markets like the EU and reconsider joining trade blocs such as the CPTPP
To counter tariff impacts, India must enhance its productivity and competitiveness through greater trade openness