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Date: 27-mar-2025
U.S. President Donald Trump announced a 25% tariff on imported cars and auto parts, aiming to bolster domestic manufacturing. This policy has significant implications for the global automotive supply chain, particularly affecting Indian companies involved in auto exports.
India's auto component industry, which exported approximately $6.79 billion worth of parts to the U.S. in FY24, faces substantial challenges due to the new tariffs. Key companies likely to be impacted include:
While Indian vehicle manufacturers have limited direct exports to the U.S., subsidiaries and global operations expose them to tariff-related risks:
The imposition of these tariffs is expected to disrupt global supply chains, with Indian auto parts manufacturers facing increased costs and potential reductions in export volumes. The industry may need to explore alternative markets and diversify their export strategies to mitigate the impact. [Source: Times of India]
President Trump's 25% tariff on auto imports presents significant challenges for Indian automotive companies, particularly those heavily reliant on exports to the U.S. market. Companies will need to assess their exposure and consider strategic adjustments to navigate the evolving trade landscape.
Date: 27-Mar-2025
Indian markets opened lower on March 27, 2025, as Nifty 50 and Sensex dipped due to global trade concerns. Tata Motors, SBI, and ICICI Bank led early losses.
Date: 27-Mar-2025
Indian markets opened lower on March 27, 2025, as Nifty 50 and Sensex dipped due to global trade concerns. Tata Motors, SBI, and ICICI Bank led early losses.
04 Apr 2025
