Trump’s 25% tariffs to hit Indian pharma, but US’ import dependence could soften blow
US President Donald Trump has said that it is unfair to expect Tesla and Elon Musk to build a factory in India to avoid tariffs. He also reiterated the threat of reciprocal tariffs. He expects America’s 25% tariffs on automobile, pharma and semiconductor imports to begin in April.
US President Donald Trump has said that it is unfair to expect Tesla and Elon Musk to build a factory in India to avoid tariffs. He also reiterated the threat of reciprocal tariffs. He expects America’s 25% tariffs on automobile, pharma and semiconductor imports to begin in April.
What's Your Reaction?
FEDA-HQ
The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
