The White House may reduce the Trump tariff plan, and these sectors may be avoided; How will you affect India?

The Wall Street Journal reported that Donald Trump’s management plan to impose a mutual tariff on April 2 is narrower than expected at the beginning, as it is unlikely to face industries such as cars, pharmaceutical preparations and semi -conductors immediately.

While the White House was previously considered a tariff for the sector, the final operation is expected to focus on individual trade partners, indicating a more accounting approach aimed at reducing commercial imbalances without disrupting the major industries on a large scale.

It is worth noting that EV Automanced Tesla was at the recipient on a group of factors such as the political differences of its CEO Elon Musk, the public protests against the brand, the decline in sales numbers, and the increase in competition. Tesla share, where analysts reduced delivery forecasts, pointing to economic uncertainty and possible tariff repercussions.
The imminent commercial tariffs are expected to cause more pressure on Tesla.

The mutual definitions are designed to suit the American import duties with its trading partners, a step that President Donald Trump developed as a corrective measure against unfair commercial practices. April 2 was called “Liberation Day”, which represents a major shift in American commercial policy.

Treasury Secretary Scott Payette has set 15 countries, referred to as “Dirty 15”, which will face an increase in the designated customs tariff. These include the main G-20 economies such as Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia and Vietnam.

If cars, pharmaceutical preparations, and semi -conductors are exempted from the Trump tariff, India benefits from stable exports in these main sectors, which prevents high prices and the supply chain breakdown of Indian companies.

Instead of imposing a tariff with a fixed rate throughout the industries, the administration has chosen the fees for the country, allowing more strategic targeting.

Despite the wide range of definitions, uncertainty about its request to Canada and Mexico, which was linked to the fees for smuggling of fentanel.

Meanwhile, corporate executive managers, especially in the auto sector, have expressed their concerns about possible supply chain disorders and the lack of clear exemption criteria. However, President Trump did not show great interest in granting exemptions, saying: “If you give one, you should give it to everyone.”

Trade Minister Howard Lootnick and American Trade Representative Jameson Jarir strengthened this position, citing the past difficulties with trade points. However, Trump suggested some “flexibility”, indicating that exceptions can be made on a limited basis.

With the offering of April 2, companies rush to assess the potential impact of definitions.