The US President has issued an executive order regarding tariff on India. This tariff will be applicable from August 7. After which many terrible results are being expressed. On the other hand, one such thing has come out in the research of SBI, the country’s largest bank. Due to which the American President’s plan to harm India will be kept in the dharna. The report estimated that the external demand which will decrease after 25 percent tariff, can reduce inflation in the country.
This deficiency will not be small thick. Rather, it is estimated to be 0.88 percent. The special thing is that at present, inflation in India is close to 2.10 percent. If this happens, it can be estimated to reach 1.2 percent inflation in the country. According to the report, the biggest reduction can be seen in textile and textile products and manufacturing and recycle products. Let us also tell you which sector goods can be reduced by Trump tariff.
Products of these sector will be cheap
According to SBI Research reports, the most will be seen in leather, leather products and footwear with textile and textile products, manufacturing and recycle products. Talking about textile and textile products first, the prices of these products can be reduced by 3.6 percent. On the other hand, leather, leather products and footwear products have been estimated to fall by 3.1 percent.
At the same time, if you talk about manufacturing and recycling products, then the price can be seen by 2.8 percent. Also, the prices of electrical and optic equipment can be seen by 2.3 percent. The demand for these three products is seen in a lot of demand abroad, especially in America. If their demand is less then the supply in India will increase and the prices of these sectors will see a decrease in the prices.
Source: SBI Research
More than one percent effect will be seen here
The price of mining and Quaring, Food, Braverage and Tobacco can be seen by 1.1 percent. There will be a 1.7 percent effect in wood, wooden goods and cork prices. According to the report, coke, refined petroleum and nuclear fuel are estimated to be cheaper by 1.2 percent. The prices of chemical and chemical products have been estimated to fall by 1.5 per cent. 1.5 per cent on rubber and plastics, 1.6 per cent of basic metals and fabricated metal, 1.7 per cent on machinery and transport equipment, retail trade inflation may also be seen to be reduced by 1.3 per cent.
Source: SBI Research
America shares in India’s export
If we talk about India’s total export, then America stock is seen very much. In FY 2025, where this figure was seen 20 percent. It has reached 22.6 percent in the current financial year. Looking at the figures of the last few years, the exports which was $ 53.1 billion in FY 2020, reduced marginally to $ 51.6 billion in 2021. In FY 22, it saw a tremendous jump in it and the figure stood at $ 76.2 billion.
In FY 2023, $ 78.5 billion was seen and in FY 2024, $ 77.5 billion was seen. In FY 2025, it touched a $ 86.5 billion mark. According to the report of SBI Research, India’s export to America has come to $ 17.2 billion in the current financial year. While this figure was $ 14.2 billion in the same period last year.
India has more tariffs than these eight countries
According to the report of SBI Research, after the US negotiation, India has more than half a dozen countries in Asia. According to the report, only 10 percent tariff has been imposed on Honchong. While 19 percent tariff has been imposed after the deal on indo Nisia. Japan has been seen at 15 percent and 19 percent on the Philippines. Singapore has 10 percent tariff. While South Korea has been imposed only 15 percent and 20 percent on Vietnam has been imposed. On the other hand, 10 percent tariff has been seen on Australia.
There are some Asian countries where tariffs are being seen more than India. In which China is the highest 42 percent. Bangladesh is 35 percent and 36 percent on Cambodia. Taiwan is getting 32 per cent and Thailand 36 per cent. Malaysia is seen having 25 percent tariff equal to India.
India exports the most here
If we talk about India’s tow 10 export countries, then America was seen at the top in FY 2025. Where India exported $ 86.5 billion and saw a growth of 11.6 percent. Export growth was the highest in the UK and the figure was 12.6 percent. In FY 2025, India was seen $ 14.5 billion in the UK. There were also two countries where India’s exports have also reduced. In which China’s name can be taken from the chief. India has reduced China by 14.5 percent exports and the figure remained at $ 14.3 billion. Singapore is also in this category where 10 percent exports have been reduced in the financial year and the figure remained at $ 13 billion.