Trump’s Tariff Shock: Indian Industry Braces for Impact
US President Donald Trump’s announcement of a 25 per cent tariff hike on Indian goods has sent ripples through the nation’s business community. The move, effective August 8, 2025, is expected to significantly impact several key sectors.
Industry representatives, while expressing concerns, have also voiced confidence in India’s long-term economic strength and adaptability. Many believe this is a temporary setback.
The additional tariffs are likely to affect exports ranging from textiles to technology, potentially impacting employment and trade balances. The government is expected to respond swiftly.
This development underscores the growing trade tensions between India and the US, highlighting the need for a more robust and diversified export strategy for Indian businesses. The long-term implications for bilateral relations remain to be seen. The government’s response and the industry’s strategic adjustments will be crucial in navigating this challenging period.
