By Admin 
US tariff: US President Donald Trump is going to put tariffs on all countries from April 2. This will not only affect the global trade of billions of dollars, but it can also cause a big shock to Indian exports. India is directly targeted by Trump’s reciprocal tariff, which he has called ‘Tariff King’. It is feared that Trump’s tariff may lead to a possible export deficit of up to $ 31 billion. & Nbsp;
These sectors will also affect American tariff
From cars to generics, the applying Trump’s reciperook tariff can have a widespread impact. Recently, Trump announced to put tariffs on the cars and auto parts to be imported. Now it is the turn of sectors like pharmaceuticals, electronics, gems and jewelery.
In FY 2024, America’s total export to America was $ 77.5 billion, while America’s export to India was $ 40.7 billion. America is the third largest investor in India. Due to this, FDI has been $ 67.76 billion since 2000, so Trump’s tariff is also more likely to affect India. & Nbsp;
Pharma sector bearing the most
The pharma sector of the country is expected to have more impact. Currently, the US imposes a minimum tariff on Pharma’s import. India imposes tariffs at the rate of 10 percent on American pharma products. In such a situation, now this sector will also come directly under the scope of reciperook tariff.
Industry experts have expressed concern over this, saying that it will be difficult for distributors and manufacturers to bear the burden of additional cost. Since India is the largest supplier in America for generic drugs, any decline is likely to happen gradually rather than immediate.
Many other experts also say that since many Indian pharma companies are already working on a low profit margin (between 5 to 20 %) in the US, they need to think again on their product strategy before applying more tariffs. & Nbsp;
Keep an eye on the stock of these companies
There is a need to monitor the stock of Sun Pharma, Cipla, Lupine, Dr. Reddy, Divise Labs while applying Trump’s reciperook tariff. Apart from this, stock companies like Dixon Technologies and Tech companies like Tech companies are also needed to monitor Malabar Gold, RENENGE Jewelry, Rajesh Exports and Kalyan Jewelers in Gold and Jewelery segment, which are lying on the market. Along with this, firms like Infosys and TCS may face financial crisis due to increasing tension between the US and India and the low cost of clients. & Nbsp;
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