Trump Tarifs a Shock Therapy India Needs to Break Free of Dependence: Economists

New Delhi: The Extreme Us Tariffs are Nothing Less Than “Economic BlackMail”, but they may also be the shop the shock the therapy India needs to break free of complace and dependency, Economists.

If industry, policmakers, and diplomats act in concert, TODAY’s Tarif Terror Could Today Tomorrow’s trigger for transformation, they added.

“The task ahead is Diffficult, but with a Purpose and concerted efforts, we can – and we will – surmount – surmount this challenge. Cylinders, “Said Manoranjan Sharma, Chief Economist at Infomerics Rating.

6

For now, the world is watching a high-stakes drama unfold. Will India Bow, Break, Or Bounce Back?

From August 27, Every Indian Export Landing on American Shores will face a 50 per cent tariff wall.

The pretext India’s continued purchase of russian oil and arms. The Effect? A Sledgehammer Blow to the World’s Fastest-Growing Major Economy and a Reckless Gamble With One of America’s Most Consequational Partnerships.

(Also Read: DDA Premium Housing Auction for Ready Flats Opeens, Check Deadline)

“For Decades, India and the Us Have Worked TOGETHER AN INTRICATE TAPESTRY OF TRADE, Technology, Defense and Diplomacy. Now, with one sweping stroke, that fabric rain asunder,” Sharma.

The us is India’s Larget Export Destination, Taking Nearly 17 per cent of our goods – pharma, textiles, jewelery, auto components, and engineering products. A flat 50 per cent tarif makes these experts instantly uncompetitive.

In the textils and apparel sector, margins will evaporate where pennies decide contracts and millions of livelihoods are at stake.

“Indian Generics – Lifelines for American Households – will lose market share to rivals with easier access. Ironically, american consumers will pay the price, Too,” Sharma noted.

GEMS and Jewelry, a Labor-Intensive Industry that Sparkles in India’s Export Crown, Cold Suddenly Go Dim.

In the engineering and auto components sector, factories Risk Slowdowns and Workers Risk Pink Slips.

Exports Worth $ 48 Billion are directly in the line of fire. The tarifs could also Shave off 0.3–0.5 Percentage Points of GDP Growth.

According to Economists, if India uses this defining moment to accelerate ‘Make in India 2.0’, Strengthen Supply Chains, and Diversify Export Markets, The Pain Cold Sow the Seeds of Longs of Longs.

India’s Manufacturing Base, Stuck at 14 per cent of GDP, MUST Expand If we are to withstand Shocks of this scale, they added.