Trump Tariff at 50%: Why Indian Chemical Industry Can Still Win in the US
Despite a 50% US tariff on Indian chemical imports, most Indian chemical exports remain shielded under Annex II exemptions, limiting the impact. Industry leaders highlight that reliability, compliance, and sustainability are key factors for US buyers, allowing Indian exporters to maintain their position. Only a small portion of Indian chemical exports are affected by the new duties.
The article discusses the impact of the Trump administration's 50% tariff on Indian chemical imports to the US. While the announcement caused concern, industry experts clarify that the majority of Indian chemical exports are protected by Annex II exemptions, which cover critical sectors like agrochemicals and pharmaceutical intermediates. As a result, only about 2% of Indian chemical exporters' revenues are directly affected. The article quotes Jubilant Ingrevia's CEO, who emphasizes that US buyers value reliability, compliance, and sustainability over the lowest price, giving Indian exporters an advantage. Trade experts note that the US has maintained supply continuity for essential sectors, which benefits India. The overall message is that the tariff's impact is more headline than reality, and Indian chemical companies can still compete effectively in the US market.
