The temper of our tariff! Everyone has become expensive until lentils, spices and sambar mixture know what the Indian community says
The US imposed a 25% tariff on India from August 7, saying that 25% of additional rates will be imposed from August 27. There is a possibility of decline in export due to the imposition of this tariff on India, while it may also affect the prices of goods going from India to America. A large amount of textiles, medicines, engineering goods and agricultural products are sent from India to the US. Experts say that the profit margin of these items can reduce due to Trump tariff, which can also affect the Indian products that Indian products buy in the US. Also in America, questions are asked about Trump’s tariff and protests have also taken place in many places. According to Business Today, a migrant -Indian recently questioned the possible results of 25 to 50 percent rates on Indian imports on social platform white and asked if it affected local grocery stores in America and whether the prices of Indian goods rose? Pravasi Bharatiya wrote: ‘I read somewhere that Patel brothers and large companies import pulses, grains and spices from other countries in South Asia to reduce the impact of rates. Do you see a special effect of rates at your city’s grocery stores? One user wrote that I would have to pay a higher price. I will not buy Sambhar from Bangladesh or Pulse from any other country. There is a lot of difference in the quality of products coming from India and other countries. Especially as a vegetarian, I will never trust Indian food, whether it is sattvic or right for my family. But that’s just my opinion. Another user said that from 7 August new rates will be implemented on ships departing from Indian ports. Therefore, prices will not rise on existing goods. One -third said that most of the Indian grocery stores have a lot of profit margin, so I think they will have to suffer this loss at the beginning. If there is no trade agreement for months, it will be a problem. What does India send to America? In FY 2024, India imported goods worth US $ 87.3 billion to the US. It contains medical products, smartphones, jewelery and jewelry, textiles and costumes, auto parts or equipment and chemical products, etc. Share this story -tags