Trump's 27% Tariff, Not 26%, May Boost India's Textile, Semiconductor Sectors Over Asian Peers

The imposition of higher reciprocal tariffs by USA President Donald Trump on several Asian and European countries including China, Vietnam, Taiwan, Thailand and Bangladesh, presents a strategic opportunity for India to strengthen it’s  position in the global trade and manufacturing said GTRI Founder, Mr Ajay Srivastava. He added that goods from India will face a 25 percent tariff on Steel, Aluminium and Auto related goods and no tariffs on Pharmaceuticals, Semiconductors, Copper or Energy products.

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