{"id":1292969,"date":"2025-04-03T06:41:55","date_gmt":"2025-04-03T01:11:55","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1292969"},"modified":"2025-04-03T06:42:31","modified_gmt":"2025-04-03T01:12:31","slug":"us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/","title":{"rendered":"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React?"},"content":{"rendered":"\n<p>In a dramatic move on April 2, former US President Donald Trump announced a new round of reciprocal tariffs affecting 180 countries. His \u2018Liberation Day\u2019 policy includes a 10% baseline tariff, with country-specific duties that match half of what each nation charges on US imports.<\/p>\n\n\n\n<p>India has been hit with a 26% tariff, lower than China, Taiwan, and Sri Lanka, yet significant enough to rattle the markets. Dow Jones Futures fell 1.5% post-announcement, and Gift Nifty saw an immediate decline. With a 25% tariff on automobile imports, stocks of companies like Tata Motors and Samvardhana Motherson may come under pressure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png\" alt=\"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React?\" class=\"wp-image-1292970\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1-300x167.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1-768x428.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Stock Market and Economic Impact<\/strong><\/h4>\n\n\n\n<p>Indian markets reacted negatively, with Gift Nifty slipping by 1.5%, reflecting concerns <a href=\"https:\/\/www.livemint.com\/market\/stock-market-news\/trump-tariffs-us-president-hits-india-with-26-reciprocal-tariff-how-could-it-impact-the-indian-stock-market-11743631134384.html\">over the trade friction<\/a>. The IT and automobile sectors may experience short-term selling pressure. However, analysts believe the overall economy will absorb the impact in the medium to long term.<\/p>\n\n\n\n<p>India\u2019s trade surplus with the US stands at $36.8 billion in FY24, with exports worth $77.5 billion. Despite the tariffs, experts suggest that only 1.1% of India\u2019s GDP is tied to the most vulnerable sectors. This minimizes the broader economic impact.<\/p>\n\n\n\n<p>&#8220;The 26% tariff on India leaves room for negotiation rather than retaliation,&#8221; said VK Vijayakumar, Chief Investment Strategist at Geojit Investments. If a bilateral trade agreement emerges, these tariffs may be revised.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Sectoral Implications<\/strong><\/h4>\n\n\n\n<p>While India&#8217;s overall business ecosystem may not take a severe hit, specific industries could feel the pinch. According to brokerage firm Motilal Oswal, India\u2019s top exports to the US include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Electronics (15.6% of exports)<\/li>\n\n\n\n<li>Gems and jewelry (11.5%)<\/li>\n\n\n\n<li>Pharmaceuticals (11%)<\/li>\n\n\n\n<li>Machinery for nuclear reactors (8.1%)<\/li>\n\n\n\n<li>Refined petroleum products (5.5%)<\/li>\n<\/ul>\n\n\n\n<p>The US remains a key market for India&#8217;s pharma, electronics, and auto-parts industries. Higher import tariffs could affect profitability for companies reliant on US demand.<\/p>\n\n\n\n<p>Despite initial volatility, a potential US-India trade agreement could mitigate the impact of Trump\u2019s tariffs in the long run.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a dramatic move on April 2, former US President Donald Trump announced a new round of reciprocal tariffs affecting 180 countries. His \u2018Liberation Day\u2019 policy includes a 10% baseline tariff, with country-specific duties that match half of what each nation charges on US imports. India has been hit with a 26% tariff, lower than [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1292970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[381,7464,6438],"class_list":["post-1292969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-india","tag-reciprocal-tariff","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"In a dramatic move on April 2, former US President Donald Trump announced a new round of reciprocal tariffs affecting 180 countries. His \u2018Liberation Day\u2019 policy includes a 10% baseline tariff, with country-specific duties that match half of what each nation charges on US imports. India has been hit with a 26% tariff, lower than [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-03T01:11:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-03T01:12:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"571\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/\",\"url\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/\",\"name\":\"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png\",\"datePublished\":\"2025-04-03T01:11:55+00:00\",\"dateModified\":\"2025-04-03T01:12:31+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png\",\"width\":1024,\"height\":571},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\",\"name\":\"Mohul Ghosh\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"caption\":\"Mohul Ghosh\"},\"url\":\"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/","og_locale":"en_US","og_type":"article","og_title":"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups","og_description":"In a dramatic move on April 2, former US President Donald Trump announced a new round of reciprocal tariffs affecting 180 countries. His \u2018Liberation Day\u2019 policy includes a 10% baseline tariff, with country-specific duties that match half of what each nation charges on US imports. India has been hit with a 26% tariff, lower than [&hellip;]","og_url":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","article_published_time":"2025-04-03T01:11:55+00:00","article_modified_time":"2025-04-03T01:12:31+00:00","og_image":[{"width":1024,"height":571,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png","type":"image\/png"}],"author":"Mohul Ghosh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohul Ghosh","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/","url":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/","name":"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React? - Trak.in - Indian Business of Tech, Mobile &amp; Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png","datePublished":"2025-04-03T01:11:55+00:00","dateModified":"2025-04-03T01:12:31+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png","width":1024,"height":571},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/us-imposes-26-reciprocal-tariff-on-india-lower-than-china-but-how-will-stock-market-react\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"US Imposes 26% Reciprocal Tariff On India: Lower Than China, But How Will Stock Market React?"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7","name":"Mohul Ghosh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","caption":"Mohul Ghosh"},"url":"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-11-08-at-11.56.08\u202fAM-1024x571-1.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1292969"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292969\/revisions"}],"predecessor-version":[{"id":1292971,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292969\/revisions\/1292971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1292970"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1292969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1292969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1292969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}