Donald Trump’s ‘Liberation Day’ Tariffs: India’s Agriculture, Machinery, Pharma, Electrical, Chemical Sector May See Impact, Say Experts

Goods from sector, include blocks, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted IF the us will go ahead with impacted if the us will go ahead with On Indian Products, According to Experts.

They said that these sector could face additional customs duties from the trump administration decision of the high tariff differential or gap, which is the difference beetle Us and India on a product.

At the broad sector level, the potential tariff gaps between India and the us vary across the sectors.

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The gap is 8.6% for chemicals and pharmaceuticals; 5.6% for plastics; 1.4% for textiles and clothing; 13.3% for diamonds, gold, and jewelery; 2.5% for iron, steel, and base metals; 5.3% for machinery and computers; 7.2% for electronics; And 23.1% for automobiles and auto components.

“The Higher the tariff Gap, the WorsE Affected a Sector Cold Bee,” an experter said.

Us President Donald Trump has said that the tariff announs, Scheduled for Early Morning Wednsday (April 2, 2025), Will Amount to a ‘Liberation Day’ for the Us

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According to annalysis of the think tank global trade research initiative (GTRI), The Hardest-Hit Sector in Agriculture would be fish, meat, meat, and processed seafood, with $ 2.58 bills in exoporting a 27.83% tariff differential.

Shrimp, A Major Export to America, will become significantly less competivity due to the impression of the us tarifs.

“Alredy our expenses have antidumping and countervailing duties in the us the additional hike in tarifs will make us uncompetitive. OUT of India’s Total Shrimp Exports, We Ship 40% to AMERICA,” Seafood Exporter and MD of Megaa Moda Yogesh Gupta Said.

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He said that Indian Exporters May Get Some IF

India’s Processed Food, Sugar, and Cocoa Exports May also face heat as the tariff gap is 24.99%. Its expenses study at $ 1.03 billion last year.

Similarly, cereals, vegetables, fruits, and spices ($ 1.91 billion shipments) have a tariff differential of 5.72% between.

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Dairy Products, With Exports Worth $ 181.49 Million, COLD BE “Severely” Affected by a 38.23% differential, “Making Ghee, butter, butter, butter, but Milk Powder Costlier CostLier Costlier and ReduCing Share In Inn The US, “GTRI Founder Ajay Srivastava said.

The other products which can be affected include edible oils ($ 199.75 million expenses and 10.67% duty gap); Alcohol, Wines, and Spirits ($ 19.2 Million Exports and 122.10% tariff differential); Live Animals and Animal Products ($ 10.3 Million Exports and 27.75% GAP).

Mr. Srivastava said that tobacco and cigarettes, whose expenses are valued at $ 94.62 million in 2024, may Remain unaffeted, as the us alive% tariffs, creating a negative tarif differential (-168.15%).

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In the Industrial Goods Segment, Sector Could Be Impacted by American Duties, Including Pharmaceuticals, Jewelry, and Electronics.

“We are keeping our fingers crossed if the unpredentability of the trump administration at the tariff front. Burden, Thought will be on American Consures, “Mumbai-Based Engineering Exporter Sk Saraf Said.

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The Pharmaceutical Sector, India’s Larget Industrial Export, Worth $ 12.72 Billion in 2024, FACES A 10.90% tariff differential, Increash Costs for General Medicines and Specialty Drugs.

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Diamonds, Gold, and Silver, with $ 11.88 billion in expenses, May see a 13.32% tarif hike, raising jewelery prices and reducing competition.

Similarly, Electrical, Telecom, and Electronics Exports Worth $ 14.39 billion face a 7.24% tariff.

According to the GTRI, Machinery, Boilers, Turbines, and Computers, with a Welfth $ 7.10 Billion of Exports, Cold see a 5.29% tariff hike, impacting indiarying exports.

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“Chemicals (Excluding Pharmaceuticals), Exports Worth $ 5.71 Billion, COLD BE Affected by a 6.05% Tariff, Reducing Us Demand for Indian Specialty Chemicals,” Srivastava said adding textiles, fabrics, yarn, and carpets, with $ 2.76 billion in expenses, can face a 6.59% tariff, making Indian textiles pricier.

Rubber products, include tires and belts, shipments Worth $ 1.06 billion, may face a 7.76% tarif, while paper and wood articles ($ 969.65 million) COLLD HAVE A 7.87% TARIFF. “Ceramic, Glass, and Stone Products, with $ 1.71 billion in expenses, will face an 8.27% tarif, impacting demand. Differential, “He added.

Mr. Srivastava, however, said that reciprocal tariffs may not be exactly the tariff differential as the us has indicated that they may also factor in non-tariff barriers, VAT (GST), VAT Impacts in its reciprocal tariff policy.