New Delhi, April 7 -- India's telecom and agriculture sectors are among the worst-affected sectors by the US President Donald Trump's tariffs, highlighted the data shared by a report of EY.
According to the report, the telecom sector has been hit with a sharp rise in tariffs -- from 0 per cent earlier to 26 per cent from April 9, 2025. India's telecom exports to the US stand at USD 6 billion. However, despite the increased tariff, India remains more competitive than China and Vietnam, which are facing even steeper duties.
The report suggested that initiatives like Mission 500 and fast-tracking the Bilateral Trade Agreement (BTA) with the US could help the sector overcome these challenges. It also recommends that the Indian government ex...
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