What Is India�s Response To Trump�s 50% Tariff?

It is already known that the President of United States Donald Trump imposed a tariff of 50% in India and this comes at crucial time while India is in deep oil trade with Russia. But when it comes to the counter active measures, here is a look at what India can be doing to reciprocate the tariff imposition by Trump.

If the U.S. under Trump keeps 50% tariffs on Indian goods, India must act fast to protect its economy. The first step is to earn more from tourism. India can run global campaigns, give visa-on-arrival to more countries, and make tourist places cleaner and safer.

A special fund should be created to help exporters who are hurt. This can guide them to find new markets. At the same time, India must deepen trade with the EU, ASEAN, Africa, and Latin America so that it is not dependent only on the U.S.

Services like IT, fintech, and consulting should be pushed harder because they are less affected by tariffs. India can also attract factories that are moving out of China by offering tax benefits and easy rules. More investment in local R&D is needed to produce goods at home instead of importing them.

Rupee-based trade deals with friendly nations will cut dollar risk. Agriculture exports should focus on value addition, better packaging, and branding. India can also promote Ayurveda, yoga, and culture-based products abroad.

Finally, improving ports, logistics, and customs will reduce export costs and make Indian goods more competitive worldwide.