Donald Trump has dropped a 50% tariff bomb on India — shaking up trade worth nearly $90 billion.
From Textiles, Gems & Jewellery, Shrimp, Leather, Chemicals to Auto Components, Indian exports are set to take a massive hit. Experts warn of:
Up to 70% decline in exports
Lakhs of job losses in Surat, Tirupur, Noida and more
Diamond & textile industries already facing shutdowns
While pharma, electronics, IT hardware, and petroleum products are temporarily safe, Trump has warned of tariffs going as high as 200%–500% if India doesn’t manufacture in the US.
India’s response?
Refusing US negotiations
Pushing Domestic consumption via GST reform
Expanding trade ties with EU, Africa, South America, China & Russia
Supporting exporters with credit guarantee schemes
Strengthening BRICS and de-dollarisation efforts
Short term pain is inevitable, but this tariff war could permanently reshape India’s trade strategy.
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