Trump's tariffs jolt India's rubber industry, production under threat

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The US is by far India’s largest market for vulcanised rubber exports, trade data shows.

The crisis in the domestic rubber industry due to the US tariff is just one of the many sectors facing an uncertain future due to the sudden spike in US tariffs.

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Category: BusinessFinance

Markets: India

Topics: $602 million rubber exports India India tyre industry impact India rubber exports decline Indian rubber export challenges FY24 rubber export data Trump tariff war impact US-India trade tensions rubber Tyre imports from US India Vulcanised rubber export India Global trade war rubber sector Tariff impact on tyre industry India US trade rubber Rubber supply chain disruption US share $132 million rubber imports Vulcanised rubber trade flow FY24 India rubber trade figures Indian rubber producers production cuts US tariffs on rubber imports Rubber export manufacturing loop

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 20:40:22 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 142 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27586984

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