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Trump’s Tariff Bombshell
From August 27, 2025, US tariffs on Indian goods slammed with up to 50%, hitting $47–48B worth of exports.
Industries Under Pressure
Textiles, jewelry, carpets, shrimp, and rice exports hit by 50% US tariffs—Bangladesh & Vietnam race to grab India’s lost market.
Resilient Sectors
Pharma and smartphones escape the tariff storm, giving India a few safe zones amid trade chaos.
India-China: Cautious Stabilization
PM Modi and President Xi signal border peace, trade talks, and connectivity, but mistrust still lingers.
Russia & China’s Currency Push
Moscow and Beijing pitch local-currency trade in rupees, rubles, and renminbi to reduce dollar dependence.
Winners, Losers
& Lessons
Losers: textiles, gems, seafood. Survivors: pharma, telecom. Big Lesson: Overdependence on one market can cost billions.
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Read the complete analysis of tariffs, SCO 2025 outcomes, and India’s strategy.
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