New Delhi, March 28 -- In a comprehensive analysis released on Thursday, the Global Trade Research Initiative (GTRI) assessed the potential impact of the United States' newly announced 25 percent import duty on completely built vehicles and auto parts, concluding that the measure presents limited challenges and potential opportunities for India's automotive industry.
U.S. President Donald Trump's March 26 announcement of sweeping tariffs, set to take effect on April 3, initially raised concerns about international trade dynamics.
However, GTRI founder Ajay Srivastava provided a nuanced perspective that suggests India's automotive export sector remains largely resilient and potentially strategically positioned.
The statistical evidence ...
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