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US Tariffs May Hit Domestic Pharma, Textile, Auto Cos
The New Indian Express Mysuru
|March 07, 2025
The tariff war launched by the US, to be effective from April 2 at 25% on domestic companies, is likely to disrupt global supply chains and impact exporters of textiles, pharma, and auto components from India, as per a report.
The evolving trade tensions and increasing protectionism by the US may create headwinds for India's exports, posing a fresh challenge to economic stability, analysts and economists at Crisil Ratings said Thursday.
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