Rewreekoek is tax or Trump's extortion! India has a loss of 26000 crores

Last updated: April 02, 2025, 08:20 IST Trump Recipient Tarifs: US Tent rates may have to lose $ 3.1 billion on export to the North American country. File photo highlights Rates India estimate a loss of $ 3.1 billion. India’s pharmaceutical, car and jewelry sectors will be affected. The government of India is considering retaliation. New -delhi. US President Donald Trump’s tariff site is scaring the whole world and India is not unaffected. The recipe shocked from April 2 could have a major impact on the exports of India to the US. According to the new report of Cararage Ratings, India may have to lose $ 3.1 billion (more than Rs 26000 crore) to the North American country. Caraeg Ratings director Smita Rajpurkar released a report in Mumbai on April 1, saying that its direct effect is limited to 0.1 percent ($ 3.1 billion) of India’s GDP, but is still concerned about these risks. What is the recipe crocal tax? The literal meaning of reception means “as you do, we will do the same”. Donald Trump believes that India, China, Canada and Mexico charge more tax on America, so we will also impose more rates on them. In international trade, each country in fact exports and imports other items and other items. During this time, all countries charge rates. Which will be the impact on India, due to an estimate of 8 percent differential tariff on Indian exports, and an estimate of a 4 percent exchange rate deputy against the dollar, and the adjustment of currency fluctuations, a net export effect of $ 4 billion will be seen. However, the report states that all export categories are estimated to have a direct loss of $ 3.1 billion, taking into account a uniform additional rate. Which sectors have already announced many tariff measures by Trump, which already have 20 percent of the additional rates on all goods imported from China and announced 25 percent rates on imported goods from Mexico and Canada, while the Canadian oil will have a 10 percent rate. US rates will most affect sectors such as India’s pharmaceutical, car and jewelry. However, the government of India is considering retaliation. At the same time, sector-specific rates were also implemented, such as 25 percent rates on all steel and aluminum imports and 25 percent rates on auto parts and 25 percent rates on some auto parts, as well as other industries, including semiconductor and pharmaceutical products. America is the largest trading partner in India. Last year, India exported $ 78 billion there, which is 18 percent of total export trade. Location: New -delhi, New -Delhi, Delhi First published: 02 April 2025, 08:14 IST Homebusiness is reciprocal tax or Trump safety! India has a loss of 26000 crores