Donald Trump’s tariffs: Why it could be a key manufacturing moment for India

Quick Summary:

The U.S.reciprocal tariffs on China are set to cause major disruptions to global supply chains, forcing American companies to explore alternative suppliers.

Electronics is one of the key sectors for India to gain with India's exports valued at nearly USD 14 Bn.

The pause in reciprocal tariffs aligns with India’s broader efforts to enhance US-India trade relations as both nations actively work towards a Bilateral Trade Agreement (BTA) aimed at doubling bilateral trade to $500 billion by 2030.

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Article Details

Author / Journalist: TOI Business Experts

Category: EconomyBusiness

Markets: IndiaChinaSouth KoreaMaliTaiwan

Topics: Semiconductor industry China US trade conflict India manufacturing US tariffs pause Electronics exports India Donald Trump tariffs Production-Linked Incentive schemes US India trade relations

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 14:40:49 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1033 words

Reading Time: 6 minutes read

Sentences: 40 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28166172

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 36 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

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Publisher ID: #28

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