US Tariffs on India: Economic Impact Explained
US tariffs on Indian goods are reshaping trade dynamics in 2025, creating both challenges and opportunities for Asia’s third-largest economy. Key sectors such as textiles, steel, and pharmaceuticals are facing declining exports due to higher costs in the American market. This not only impacts businesses but also threatens jobs and weakens India’s currency. At the same time, the pressure is pushing India to innovate, diversify trade, and strengthen economic ties with new partners across Europe, Asia, and Africa.