New Delhi, March 27
Trump Auto Tariffs: Industrial observers said that the US President of the US President of Donald Trump Tax War is more likely to be affected by Indian auto component manufacturers. Trump has declared 25 per cent tax on Wednesday from April to auto Imutts and 25 per cent more taxes are expected to be implemented on imports of the leading automotive partutes and English parls and electrical components and electrical components.
A industry executive described the condition of being confidential, “Indian autotomial personnel is more likely to be more affected by the USA of India, because the United States was exported to the United States. Imports was 1.4 billion in 15 per cent of duty.
The United States was almost ‘zero’ duty before Wednesday announcement. Another industry official said the engine component, power trains and transmissions are our most largest export items. ” JOTO Dynamics India President and Director Ravi Bhatia said, “Trump tax is not only for India. The move would be affected by the country.” -Ptyti
