TOI explainer: India likely to gain as Trump tariff shake-up hits Asia
Thursday, 3 April 2025 () President Trump’s new tariff plan includes a 10% universal tariff on imports, followed by country-specific tariffs. China faces the highest tariffs, up to 54%. India’s textile, electronics, and machinery sectors may benefit from competitive advantages. However, to capitalize on these opportunities, India must address structural issues and enhance manufacturing capabilities.
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On Wednesday, April 2nd, the White House finally came out with its comprehensive tariff policy, it’s been promising since president Trump took office. The policy states a 10% minimum tariff on..
Thursday, 3 April 2025 ()
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