Barclays warns that US President Donald Trump’s 50% tariffs pose a ‘serious threat’ to 70% of India’s exports to the US. While smartphones and pharmaceuticals are currently exempt, key sectors like electrical machinery and gems & jewellery face significant challenges. India is exploring strategies such as GST rate reductions, reactivating credit schemes, and diversifying export markets through FTAs to mitigate the impact. Post navigation Making Modak at home: How to ace this sweet treat in a few simple steps Rahul Vaidya breaks silence on industry equations after Virat Kohli-Avneet Kaur controversy: ‘I don’t care…’
