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US' 25% tariff on Indian imports: Impact on India's chemical industry

Insights

• Trump has imposed a ** per cent tariff on all Indian imports from August *, ****, citing trade barriers and India's ties with Russia.
• The move threatens India's chemical and pharma exports, which saw major growth in ****.
• Key categories like pigments, acids, pharma intermediates, and generic drugs now face cost pressure.
• Exporters must diversify and push for waivers.