Decoding the US decision to impose tariffs on India with Manoj Mishra

After the successful launch of Grant Thornton Bharat's PolicyCast, an ongoing podcast series focused on decoding and simplifying key developments in taxation, finance, and regulatory policy, the second episode shifts focus to global trade developments.

In this episode, our Partner and Tax Controversy Management Leader, Manoj Mishra, shares his insights on the recent US decision to impose steep tariffs on Indian exports and analyses its wider implications for businesses, MSMEs, and the economy.

Key takeaways from this episode:

• US imposes cumulative tariffs of 50% on key Indian exports.
• Sectors like textiles, gems and jewellery, leather goods, and processed foods face the highest impact.
• Working capital pressures on MSMEs and potential job losses in labour-intensive sectors.
• Opportunities to explore alternative markets through trade agreements and new export strategies.

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