Donald Trump tariffs marginally favourable for Indian smartphone exports: Crisil

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US tariffs on imports might bode well for smartphone exports from India, albeit only marginally, according to Crisil.

US President Donald Trump has maintained uncertainty around his “reciprocal tariffs”. He imposed trade duties on a long list of trade partners during the highly advertised Liberation Day event on April 2, only to pause them for 90 days a week later. In the meantime, he kept the back-and-forth going with China on hiking tariffs.

Days after staying tariffs on electronics, Trump said last week that China-made smartphones will not be exempt…



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Donald Trump tariffs marginally favourable for Indian smartphone exports: Crisil


US tariffs on imports might bode well for smartphone exports from India, albeit only marginally, according to Crisil.

US President Donald Trump has maintained uncertainty around his “reciprocal tariffs”. He imposed trade duties on a long list of trade partners during the highly advertised Liberation Day event on April 2, only to pause them for 90 days a week later. In the meantime, he kept the back-and-forth going with China on hiking tariffs.

Days after staying tariffs on electronics, Trump said last week that China-made smartphones will not be exempt…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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