Wednesday, August 6, 2025

Latest tariffs to impact half of auto component exports to US

President Donald Trump's decision to raise tariffs on auto parts from India is set to significantly impact the country's exports. Nearly half of India's $7 billion auto parts exports to the US will be affected. The US already had duties on cars and auto parts. This move is retaliation for India's oil imports from Russia.

from Auto-Industry-Economic Times https://ift.tt/hNmivHJ

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