Donald Trump’s tariffs put India at disadvantage to peers; 70% of Indian exports to US ‘under serious threat’: Barclays

Barclays warns that US President Donald Trump's 50% tariffs pose a 'serious threat' to 70% of India's exports to the US. While smartphones and pharmaceuticals are currently exempt, key sectors like electrical machinery and gems & jewellery face significant challenges. India is exploring strategies such as GST rate reductions, reactivating credit schemes, and diversifying export markets through FTAs to mitigate the impact.