Trump's New Tariff War: Trade sanctions से जुड़ी चिंताओं के बावजूद, भारतीय एक्स्पोर्ट(Indian Export) पर ट्रंप प्रशासन की ओर से लगाए जाने वाले टैरिफ का अफेक्ट मीमम रहने की उम्मीद है। भारतीय स्टेट बैंक(State Bank Of India) की एक रिपोर्ट में यह बात कही गई है। रिपोर्ट के अनुसार, भले ही अमेरिका 15 से 20% की हाई टैरिफ लगाए, लेकिन इसके बावजूद अमेरिका को होने वाले भारतीय एक्स्पोर्ट में कुल गिरावट केवल 3 से 3.5% के आसपास रहने का अनुमान है।
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NewsTranscript
00:00Despite concerns related to trade sanctions, it is expected that the impact of tariffs imposed by the Trump administration on Indian exports will be minimal.
00:15According to a report by the Indian State Bank, although the US imposed a high tariff of 15-20%, the total drop in Indian exports to the US is expected to be around 3-3.5%.
00:32According to the report, experts believe that a strategic difference in Indian exports can increase the price of products and services, and this effect can be filled by the search for a new business base.
01:00It is said in the report that America is the topmost exporter of India.
01:05In the financial year 2023-24, the share of US exports is 17.7% in total exports.
01:12However, India's export strategy is developing in the direction of reducing its dependency on a single market.
01:20With increasing business relations in Europe, the Middle East and other areas, India is working to strengthen its production and network to ensure stability in Indian exports.
01:31India's tariff policies are considered to be more efficient.
01:35It is said in the SBI report that the tariff rate on Indian products increased from 2.72% in 2018 to 3.9% in 2021, which decreased slightly in 2022 to 3.83%.
01:49On the other hand, India's tariff on US imports has increased significantly, which increased from 11.59% in 2018 to 15.30% in 2022.
02:01This change in the tariff structure represents India's major business policy, which aims to balance business relations while protecting domestic products.
02:13India is paying more attention to increasing its imports and is moving towards products made from raw materials and high-priced products.
02:23This strategy not only increases import duty, but also reduces the effect of increasing tariff possibilities.
02:31Indian products continue to be a competitor in the global market.
02:35In addition, it is said in the report that India is looking positively at the optional business ways linking Europe, the Middle East and the United States, which are reducing their costs and improving.
02:48Overall, if America implements a high tariff, India can reduce its effect by giving a new form to its trade policies, export diversification and supply chain.
03:00And there is also hope that exports will increase over a long period of time.
03:03So somewhere, after implementing America's high tariff, there is also hope that the Indian market will benefit.
03:11What is your opinion on this whole report?
03:13Give us your opinion in the comment box and keep watching for such updates from Good Returns.
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