Donald Trump

Donald Trump semiconductor tariffs
Top

Donald Trump Semiconductor Tariffs: Will Indian Auto Sector Feel the Heat?

US President Donald Trump’s semiconductor tariff announcement is poised to shake global trade once again. On August 5, Trump stated that new tariffs on semiconductors and pharmaceutical products could be rolled out within a week. As global markets brace for impact, India’s auto sector, heavily reliant on imported chips, could face significant ripple effects.

Rakolsoft
Top, Blog

Trump Plans Big Tariff on Pharma Imports; Indian Drugmakers May Be Hit

Donald Trump announced a forthcoming “major” tariff on pharmaceutical imports, aiming to incentivize drug companies to relocate operations to the U.S. He also stated he warned Taiwan Semiconductor Manufacturing Company (TSMC) about potential taxes if they didn’t establish U.S. plants. Trump criticized the Biden administration’s $6.6 billion grant to TSMC’s U.S.

Scroll to Top