Explained: What Do Trump's 25% Tariffs On Cars, Car Parts Mean For India?
US President Donald Trump has announced a 25% tariff on imported vehicles and auto parts, effective from April 3, 2025. The policy applies to all exporting nations, in line with the Trump administration's 'America First' stance. Although the move is expected to negatively impact many countries, experts suggest that India's fully built car manufacturing sector, due to its limited exposure to the US market, may be minimally affected.
