Trump Tariffs Extremely Shocking; 55% Of India’s Exports To Be Impacted: FIEO

Trump Tariffs Extremely Shocking; 55% Of India’s Exports To Be Impacted: FIEO


After the new levy, India will attract the highest tariff of 50% along with Brazil. After this, India’s competitors will be much better placed in the US market as their duty is lower – Myanmar (40%), Thailand and Cambodia (both 36%), Bangladesh (35%), Indonesia (32%), China and Sri Lanka (both 30%), Malaysia (25%), Philippines and Vietnam (both 20%).



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