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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump Tariffs: Exporters Negotiate Competitive Deals With US Buyers As 10% Tariff Hits Asian Countries

  • Indian exporters are negotiating with American buyers to strike competitive deals amidst the 10% tariff on imports from Asia imposed by the US.
  • The current 90-day pause in further tariff escalation is advantageous for Indian exporters to increase volumes and negotiate favorable terms.
  • Exporters from countries like Vietnam are willing to absorb up to 5% of the tariff hit, putting pressure on Indian exporters to match those terms.
  • While the order pipeline remains strong until early July, there is a sense of urgency to frontload shipments before the temporary relief period ends.

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