India faces high risk from new US transshipment tariffs: Moody Sectors most likely to be impacted are machinery, electrical equipment, consumer optical products, and semiconductors.

India’s manufacturing and export sectors are facing high alert following a new US crackdown on tariff evasion, which identifies India as one of the countries most likely to face transshipment risk.

#India #Moody #UStariff #ASEAN #exportsectors #transshipmentrisk

10/31 Together, these targeted sectors accounted for over $100 billion in Canadian exports - about 18% of our total exports to the U.S.

Six additional sectors worth $50 billion are under investigation for future tariffs.
#ExportSectors

6/8 ADDITIONAL TARIFFS: The government is consulting for a broad second tranche coming April 2. These could target passenger vehicles, electric vehicles, fruits and vegetables, aerospace products, beef, pork and dairy—potentially hitting key US export sectors.
#TradeEscalation #ExportSectors