Auto ancillary firms aim US push with Trump's policies
Financial Express Chandigarh|January 07, 2025
INDIAN AUTOMOTIVE PARTS manufacturers are aiming to boost their share of exports to the US, driven by expectations that president-elect Donald Trump will fulfill his campaign promises upon taking office later this month.
SWARAJ BAGGONKAR

During his presidential campaign, Trump promised significant tariff increases on goods imported from China, including imposing tariffs of up to 60% on all Chinese products. China, one of the largest suppliers of automotive goods to the US, primarily routes these products through Mexico.

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Trump comeback: Honda to go slow on new EVs

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Bid for 2036 Olympics takes pan-India route

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Foxconn, Dixon Urge Govt to Pay ₹700 Cr in Pending PLI Subsidies

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India seeks NRI participation in 'Viksit Bharat'

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No Pre-emptive Tariff Overhaul

Over a few years to FY23, India had seen a significant tariff escalation, reversing the trend of progressive reduction of these import barriers, primarily in the wake of the pandemic.

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Financial Express Chandigarh

Oil pares gains on dollar strength

OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.

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Financial Express Chandigarh

'Align AI and business goals for better results'

ENTERPRISES are increasingly recognizing the value of multi-cloud architectures and the ability to capitalize on the unique strengths of various cloud platforms to enhance their operational capabilities, says Shailender Kumar, senior vice-president and regional managing director of Oracle India and Netsuite JAPAC.

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