Indian exports face uncertainty over Trump's reciprocal tariffs; potential losses estimated at $7 bn a year
- Posted on February 18, 2025
- By Business News Today
- 9 Views
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Indian exports face uncertainty over Trump's reciprocal tariffs; potential losses estimated at $7 bn a year
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U.S. President Donald Trump's threat to impose reciprocal tariffs is generating anxiety in India's export sectors, potentially leading to losses estimated at $7 billion annually. Vulnerable sectors include chemicals, metal products, and jewelry, with potential significant impacts on agriculture if broader farm tariffs are imposed.