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Tata Motors, Motherson to be hit by Trump tariff, says Moody's
Financial Express Lucknow
|March 18, 2025
THE PLANNED IMPOSITION of the claimed reciprocal tariffs on imports by the Donald Trump administration will impact Tata Motors and Samvardhana Motherson International (SAMIL), research and rating agency Moody's said on Monday.
Vehicle exports to the US are limited at around 3% of total exports for India. However, auto parts suppliers and luxury carmakers selling directly to the US or indirectly via their operations in Canada and Mexico would face tariffs. "The impact of higher tariffs on the profitability of carmakers and auto part suppliers will depend on how much of the tariffs they pass on to customers," Moody's
This story is from the March 18, 2025 edition of Financial Express Lucknow.
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