💨 Abstract

US President Donald Trump's imposition of higher reciprocal tariffs on several countries creates an opportunity for India to strengthen its position in global trade and manufacturing, particularly in sectors like textiles and garments, electronics, and semiconductors. India faces a 25% tariff on steel, aluminum, and auto-related goods, but no tariffs on pharmaceuticals, semiconductors, copper, or energy products.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖