Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

THE WAY TO COUNTER RECIPROCAL TARIFFS

The New Indian Express Kannur

|

February 27, 2025

INDIAN manufacturing, already in a vulnerable position, is likely to be severely affected by US President Donald Trump's reciprocal tariffs.

- TULSI JAYAKUMAR

INDIAN manufacturing, already in a vulnerable position, is likely to be severely affected by US President Donald Trump's reciprocal tariffs. Despite the government's efforts to boost the sector through the 'Make in India' initiative, the share of manufacturing in India's GDP was slightly lower at 15.83 percent in 2023-24, compared to 15.99 percent in 2014-15.

Reciprocal tariffs refer to levies on imports from any nation that charges duties on US exports. "An eye for an eye, a tariff for a tariff—the same exact amount," Trump promised during his campaign. What remains unclear is how these tariffs would be calculated.

With the US being India's largest export partner, Trump's reciprocal tariffs will likely have far-reaching consequences. The US administration's plans to impose tariffs on steel, aluminum, pharmaceuticals, textiles and certain electronics will significantly challenge Indian exports to America. These tariffs will not only increase costs for Indian exporters but also shrink market share, intensify competition from imports, and potentially lead to job losses and investment slowdowns.

PLUS D'HISTOIRES DE The New Indian Express Kannur

The New Indian Express Kannur

The New Indian Express Kannur

MP crackdown against carbide gun makers as eye injury cases reach 300

IN the aftermath of carbide guns inflicting severe eye injuries to around 300 people, mostly children and teenagers in Madhya Pradesh during Diwali, authorities have launched a crackdown against the seemingly harmless toys.

time to read

1 mins

October 25, 2025

The New Indian Express Kannur

Lured by money, duped by lies: Illegal surrogacy racket exploits women

THE social media advertisement promised to 'Find your surrogate mother in 7 days!' with the tagline 'Speed and precision to match you with the surrogate.'

time to read

1 mins

October 25, 2025

The New Indian Express Kannur

Yeast can survive Martian environment: IISc

YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.

time to read

2 mins

October 25, 2025

The New Indian Express Kannur

Madrasa probe for demanding 'virginity test' for 13-yr-old in Moradabad

'Threatened to expel her if she refused to comply'

time to read

1 mins

October 25, 2025

The New Indian Express Kannur

BJP scores surprise win in 1 seat, NC bags 3 in RS polls

THE Opposition BJP on Friday pulled off an unexpected victory in one of the four Rajya Sabha seats from J&K due to cross-voting by at least four legislators, while the ruling National Conference (NC) won the remaining three seats.

time to read

1 min

October 25, 2025

The New Indian Express Kannur

Cong slams Centre over official maps of Great Nicobar Island

2021 map no longer shows Galathea Bay

time to read

2 mins

October 25, 2025

The New Indian Express Kannur

POWER OF EDUCATION DIPLOMACY

REVERSE SWING

time to read

4 mins

October 25, 2025

The New Indian Express Kannur

Capacity overload: Study recommends cap on houseboats in Vembanad lake

THE iconic Vembanad lake — the lifeline of the state’s backwater tourism — is operating far beyond its ecological limits.

time to read

1 min

October 25, 2025

The New Indian Express Kannur

DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA

HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.

time to read

1 mins

October 25, 2025

The New Indian Express Kannur

Senapati decked up to greet & honour Muivah

UNC declares Genna for NSCN-IM leader’s visit

time to read

2 mins

October 25, 2025

Listen

Translate

Share

-
+

Change font size