UPSC Editorial Analysis: Impact of US Reciprocal Tariffs on Indian Manufacturing
General Studies-2; Topic: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora. Introduction Indian manufacturing faces a new challenge from US President Donald Trump’s proposed reciprocal tariffs. Despite efforts like ‘Make in India’, the manufacturing sector’s share in GDP declined from 15.99% in 2014-15 to 15.83% in 2023-24, highlighting …
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