Al Jazeera|1 minute read
Trump’s India Tariffs: What Sectors Get Hammered and What’s Left Unscathed?
TL;DR
Trump’s hefty 50% tariffs on Indian imports are officially live, shaking up trade relations and striking hard at specific sectors. Here's the breakdown:
- Targeted Sectors: Key industries like textiles and electronics face the brunt of these tariffs.
- Exemptions: Some sectors, including agricultural products, may escape the worst of it.
- US-India Relations: The tariffs threaten to sour the already rocky ties between the two nations.
- Exporters React: Indian exporters are feeling the pinch and are calling for government support.
Here's the full scoop.