As the world braces for the economic impact of US President\u00a0Donald Trump\u2019s latest tariff\u00a0measures, the White House provided a list of exempted commodities.\u00a0\u00a0\u00a0<\/small><\/p>\n\n\n\n
The biggest win? India\u2019s pharmaceutical sector, which has temporarily avoided the new levies. This is significant, as India currently imposes a 10 per cent tariff on American pharma imports, while the US does not charge any duties on Indian pharma products.\u00a0\u00a0<\/p>\n\n\n\n
What\u2019s exempt from Trump\u2019s tariffs?<\/strong><\/p>\n\n\n\n Following the Rose Garden ceremony, the White House confirmed that certain goods will be spared from the new tariffs set to take effect on April 5. The list includes:\u00a0\u00a0<\/p>\n\n\n\n Pharmaceutical products<\/p>\n\n\n\n Semiconductors<\/p>\n\n\n\n Lumber articles<\/p>\n\n\n\n Copper and gold\u00a0<\/small><\/p>\n\n\n\n Energy resources and select minerals unavailable in the US<\/p>\n\n\n\n Additionally, aluminium and steel products, automobiles, and auto components are also exempt, as they are already covered under Section 232 duties.\u00a0\u00a0<\/p>\n\n\n\n Industry experts say India\u2019s pharmaceutical sector is the biggest winner in this tariff strategy. The country imports $800 million worth of pharmaceutical products from the US while exporting $8.7 billion worth of pharma goods to the American market.<\/p>\n\n\n\n Electronics sector set to gain?<\/strong><\/p>\n\n\n\n Meanwhile, a BBC report suggests that India\u2019s electronics sector could also benefit. With higher US tariffs on countries like Vietnam, some supply chains may shift toward India, boosting the country\u2019s exports in this space.<\/p>\n\n\n\n With the April 5 deadline approaching, analysts are closely monitoring how these tariff exemptions reshape global trade dynamics. For now, industries spared from the latest levies can breathe a sigh of relief.\u00a0<\/p>\n\n\n\n Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n Telegram <\/a>| Facebook <\/a>| Instagram<\/a><\/strong><\/p>\n\n\n\n Call: +91 9624421555 \/ +91 9624461555<\/em><\/strong><\/p>\n\n\n\n www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" As the world braces for the economic impact of US President\u00a0Donald Trump\u2019s latest tariff\u00a0measures, the White House provided a list of exempted commodities.\u00a0\u00a0\u00a0 The biggest win? India\u2019s pharmaceutical sector, which has temporarily avoided the new levies. This is significant, as India currently imposes a 10 per cent tariff on American pharma imports, while the US does not charge any duties on Indian pharma products.\u00a0\u00a0 What\u2019s exempt from Trump\u2019s tariffs? Following the Rose Garden ceremony, the … Continue reading “Pharma, semiconductors escape Trump’s tariffs. See full exemption list here”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3985"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3985\/revisions"}],"predecessor-version":[{"id":3987,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3985\/revisions\/3987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3986"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}