‘If tariff pain continues for months, we will have to let go of workers'
Satviki SanjaySwati Gupta
Bloomberg
Aug 3, 2025, 15:52 IST IST
Indian businesses are scrambling to cope with the fallout of Trump's tariff shock as New Delhi weighs options to placate the White House, including boosting US imports
Shock, dismay and angst swept across India as businesses, policymakers and citizens digested US President Donald Trump 's sharp remarks and a surprise 25% tariff rate last week.
While government officials weighed a response and business groups tallied the cost of the trade barrier, the local social media flared up with users protesting Trump's comments and criticising Prime Minister Narendra Modi for not speaking up.
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