25% US auto tariff may pinch some Indian companies

US President Trump has announced a 25% tariff on imported cars and components, significantly affecting US consumers and potentially inciting retaliation from the EU and Canada. Indian automakers might evade immediate impact, but the auto parts and tyre industries, particularly those with US-export dependencies, could face challenges.
US President Trump has announced a 25% tariff on imported cars and components, significantly affecting US consumers and potentially inciting retaliation from the EU and Canada. Indian automakers might evade immediate impact, but the auto parts and tyre industries, particularly those with US-export dependencies, could face challenges.

from India News | Latest India News Headlines Today and Live Updates from India - Times of India US President Trump has announced a 25% tariff on imported cars and components, significantly affecting US consumers and potentially inciting retaliation from the EU and Canada. Indian automakers might evade immediate impact, but the auto parts and tyre industries, particularly those with US-export dependencies, could face challenges.
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