Pharma, semiconductors escape Trump's tariffs. See full exemption list here

Quick Summary:

With higher US tariffs on countries like Vietnam, some supply chains may shift toward India, boosting the country’s exports in this space.

Industry experts say India’s pharmaceutical sector is the biggest winner in this tariff strategy.

Explained: How will Donald Trump's reciprocal tariffs impact India?

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Category: BusinessFinance

Markets: IndiaVietnam

Topics: Global trade war Global economy Economic impact US-India trade Steel tariffs Aluminum tariffs Trade deficit US-China trade war American industry Trump tariffs 2025 Trade war winners Vietnam tariffs Tariff exemptions Gold and copper tariffs US trade policy India exports Donald Trump Section 232 duties Supply chain shifts White House announcement Semiconductor tariffs Trump economic policy Electronics sector India pharmaceuticals Energy resources trade US import duties

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 11:17:03 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 27554860

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 273 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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