Donald Trump Tarrif Effect on Auto Industry: US President Donald Trump has announced a recipe -made automobile i.e. reciperoch tariff on cars and bikes. In such a situation, the big question is how this tariff plan of Trump will affect the auto sector of India and the world?

The effect of this tariff plan of Donald Trump will affect the auto sector of Japan, Korea and Germany the most. We are saying this because all companies like Toyota, Mercedes, BMW, Hyundai and Volkswagen export their vehicles to America. Now let’s talk whether this effect will also be on Indian companies?

How much will Indian auto companies affect?

This tariff can be affected by Indian companies like Tata Motors, Mahindra and Eicher Motors. In fact, there is a lot of demand for Royal Enfield bikes made by Jaguar Land Rover and Eicher Motors owned by Tata Motors in the US. However, Jaguar Land Rover sold in America is either manufactured in the UK or these cars are made in Europe.

Currently stopped supply in America

Talking about now, Jaguar Land Rover (JLR) has stopped the supply of Jaguar and Land Rover cars to America to America. According to Bloomberg’s report, from Monday, JLR is temporarily stopping the shipment of cars to America, so that it can find a way to deal with new import tax. In such a situation, nothing can be said about the impact on Tata Motors at this time.

Talk about Mahindra, this company also sells its vehicles in parts of America. Due to this tariff, the sales of companies may decrease due to the expensive vehicles exporting from India to America. Experts say that this tariff will also affect component -making companies as Indian auto components export auto parts in the US.

https://www.youtube.com/watch?v=ldclfhmzxo

Also read:-

Tata’s ride is cheaper than bike, 80000 discount on buying now