Shashi Tharoor Warns: Indian Exports to US Unviable at 75% Tariff Amid Trump's Trade War

• Congress MP Shashi Tharoor expressed serious concern over US President Donald Trump's 25% tariff announcement targeting countries trading with Iran, stating Indian companies cannot export to the US at 75% tariff.
• Tharoor highlighted that India already faced a disadvantage with an initial 25% tariff, while rivals like Vietnam, Thailand, Indonesia, Pakistan, and Bangladesh had tariffs between 15-19% on similar labor-intensive goods.
• The situation worsened with additional 25% tariffs for Russian sanctions and another 25% for Iranian sanctions, cumulatively reaching 75%, making most Indian exports to the US unviable.
• He noted that only items not yet sanctioned, such as pharmaceuticals, might continue to be viable for export.
• Tharoor urged the new US Ambassador to facilitate a quick trade deal, emphasizing that a 75% tariff negates the strategic partnership between India and the US.

Why It Matters: Shashi Tharoor warns that a 75% US tariff makes Indian exports unviable, urging a swift trade deal.