Trump’s tariff shock may boost Indian auto parts exports – The Times of India
Spoiler alert-the 25% tariff imposed on auto and auto parts is likely to have little negative impact on India. Automobile tariffs would take effect from April 3 and tariffs on auto parts would take effect ”no later than May 3 2025” according to MEMA, Motor Equipment manufacturers Association of USA. Firstly on automobiles, India’s total…