00:00US President Donald Trump said on February 19, 2025 that he intends to impose a tariff of about 25% on auto, pharma and semiconductors.
00:15This is one of the many steps that can cause a stir in international trade.
00:20The news agency Reuters said in its report that on Friday, Trump said that tariffs on automobiles would be in effect from April 2.
00:28This is exactly one day after the members of his cabinet handed him a report on the framework of many options for import duty.
00:36Now, after this news, the impact on the Indian market has also begun to be seen.
00:40There is pressure on pharma shares.
00:42The HSBC report shows that Indian companies have a lot of exposure in America.
00:48That is, about 46% of many companies' revenues are dependent on America.
00:54In this case, the companies' revenues may be affected, so there is pressure on the shares.
00:59Now, let's give you information about those companies.
01:01About 46% of Arbindo Pharma's revenues come from America.
01:0528% of Cipla's revenues come from America.
01:0837% of Lupin's revenues come from America.
01:1346% of Dr. Reddy's Lab's revenues come from America.
01:17Now, Trump's new decision has come before a meeting between the US and India's officials.
01:24The sources have said that a meeting has been arranged in New Delhi to discuss tariffs on the commerce ministry's automobiles.
01:32Before this, the government sources have also said that Tesla can start selling cheap electric cars worth less than $25,000 in India at the beginning of April.
01:44However, the CEO of Kotak Institutional Equities, Pratik Gupta, is very concerned about the effects of the American tariff on the Indian pharmaceutical industry.
01:54In a meeting with the media, he said that despite the uncertainty of the American tariff, we still prefer the pharma sector.
02:03Now, it will be interesting to see what effect this tariff threat of Trump has on the Indian share market.
02:11At the same time, it will be interesting to see how the shares of automobile, pharma and semiconductors perform.
02:19Because it has been seen all the time and these reports also say that the Indian share market is always in turmoil due to Trump's tariff decision.
02:28And with every decision of Trump, whether it is a tariff decision or not, the Indian share market is definitely affected.
02:37So, it will be very interesting to see how the Indian share market performs.
02:42So, keep an eye on it and give us your opinion on this news in the comment box.
02:48And keep watching Good Returns for such updates.
02:51Don't forget to like and subscribe to our channel.
Comments