The tariffs put India at a serious disadvantage compared to regional rivals like Vietnam, Bangladesh, and Mexico, who face lower or zero duties, GTRI noted.

GTRI says Trump''s tariffs could slash India''s exports to the US by 30% to $60.6B. Key sectors hit: garments, jewelry, metals.

While Trump’s tariff threatens immediate export and relocation momentum of the China+1 theme, India’s workforce, policy incentives and export resilience is expected to attract global manufacturers. The levy,