Poging GOUD - Vrij
Auto sector safe but parts to feel US tariff heat
The New Indian Express Kozhikode
|March 28, 2025
Trump signs executive order to impose 25% import duty on automobiles and auto parts
THE Trump administration on Wednesday announced a 25% import duty on completely built-up automobiles and auto parts, with effect from April 3. While the decision has sent shockwaves through the global auto industry, the reaction in India has been mixed. At first look, the broader Indian auto industry seems largely insulated, but the auto component sector, which currently attracts just 2.5% duty, will feel the tariff heat in the short term.
Dit verhaal komt uit de March 28, 2025-editie van The New Indian Express Kozhikode.
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