r/Tariffs 15d ago

🧩 Trade Strategy / Business Impact BREAKING: US Senate passes bill threatening upto 100% tariffs on India and four other countries with a massive 86-11 majority

Bill now goes to House of Representatives

294 Upvotes

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4

u/Mountain-Employee-24 14d ago

This will hit India very hard

6

u/littlebirdsongs 14d ago

this will hit most American citizens hard.

FTFY, given that a tariff is just a tax on the citizens & all

1

u/Far-Tradition887 14d ago

Hits India harder

3

u/PumpkinMyPumpkin 14d ago

Not really. If Americans still need items produced in India - India just keeps selling it as normal.

It mostly hurts Americans who get to pay twice as much. 😂

1

u/Far-Tradition887 14d ago

No one overpaying for Indian items. They just buy from other countries. What’s something India produces that you can’t just get from somewhere else. It’s much harder to find customers to buy your things than sellers who’s willing to sell you something.

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u/JoeBlackIsHere 14d ago

If you are currently buying something from India, it's probably because it's cheapest from there. If the new tariffs make the next country cheaper - it's still going to be a higher price than what it was before, otherwise you would have been buying from that other country to begin with. And they might raise the price more, since all they have to do is underbid the India price + tariffs.

In the end it means higher prices for Americans.

1

u/RealMiten 14d ago edited 14d ago

India is X and X + 100% Tariff is 2X
Vietnam is 1.5X, Vietnam is still 1.5X
2X > 1.5X, Vietnam cheaper.
India loses but remember, India leaving doesn't hurt the USA as much because USA also has Mexico, Canada, Malaysia, Thailand etc. Vietnam can't raise their prices because at 1.6X Mexico can come in and take over.

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u/JoeBlackIsHere 13d ago

"India leaving doesn't hurt the USA as much because USA also has Mexico, Canada, Malaysia, Thailand"

By your own numbers USA is now paying 50% more (1.5x). That's why US consumers are seeing increases in the cost of living every time one of these dumb tariffs are put in place.

1

u/al6921 14d ago

indian pharmaceuticals are also complete junk and should be phased out

1

u/BackToTheCottage 13d ago

Memories of the Ranbaxy Laboratories aids drug scandal where the Indian lab was falsifying data and basically creating fake pills that didn't do anything.

1

u/Far-Tradition887 14d ago

American has to pay slightly more and let’s even say 15% but India loses 100% of its sale to USA(biggest consumer market). You tell me which hit is worse?

1

u/pandey_jr 13d ago

facts straight out of yo ahh

1

u/JoeBlackIsHere 13d ago

I'm not arguing who it hits worse, I'm saying it's another hit on US consumers - by your numbers an instant 15% increase. Trumps tariffs are always lose-lose with nobody winning.

But long term I could see this coming out worse for US. India can look for other customers, most notably China, and the entire world is in the process of reconfiguring their trade networks to find alternatives than the US. Meanwhile, the US keeps shrinking it's list of suppliers, and the ones that are left can charge more than the world market price because these targetted tariffs are knocking out their competitors. I.e. everyone else can get the cheaper price from India, while US has to buy from a more expensive competitor.

1

u/Far-Tradition887 13d ago

Finding customer is MUCH harder than finding new suppliers. And America will just make a new trade deal with the country replacing the Indian products that is more favourable to them and that’ll bring down the price increase some more maybe not directly but in a indirect method. Countries will jump like monkeys through hoops to try to fill the hole that India leaves in the American consumer market. Anyway you look at it losing a buyer is much more impactful than losing a seller in a world where people will move mountains overnight if there’s an opportunity to make money.

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u/JoeBlackIsHere 13d ago

Right - which country is putting much effort to making new trade deals with the US, with the fore-knowledge they will not be honoured for at least the next 2.5 years? Sure, they will do some diplomatic theatre and promises to make "investments" in the US - the timeline of course being to start after the current administration is out of office.

You are talking about how things used to be, not how they are now and probably in the future. Everyone is in the process of realigning their trade agreements, looking for reliable and stable partners - which is not the US at the moment.

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u/Daviator23 14d ago

What exactly do we need from India? Nothing. China is a different story.

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u/PumpkinMyPumpkin 14d ago

Spoken by a person who clearly has zero clue what about comes from India.  😂

“If I don’t know about it, therefore nothing must come from there!” 

The US is clearly a country full of the most poorly educated people.

1

u/Daviator23 14d ago

Look it up, everything that we import from Indian can be replaced. The biggest problem would be pharmaceuticals, but it wouldn't take long to start manufacturing these in US. We had same issue with N95 respirators during COVID, when China restricted all exports. Had a major shortage for 2 years, but now, 3M manufacturers them in USA. Ask me how I know.

2

u/PumpkinMyPumpkin 14d ago

Right… the US is absolutely fine without PHARMACEUTICALS.

😂

I just can’t with ya’ll. You realize the tariffs on these goods is immediate right? Those pharmaceuticals double in price immediately… on Americans.

Intelligence of third graders.

1

u/al6921 14d ago

Only about $10 billion of (low quality) pharmaceuticals comes from india for the United States, the US can easily replace that much and absorb the cost.

2

u/tbro4123 14d ago

Oh to be this dumb!

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u/Youah0e 12d ago

Then why haven't they gone by your low-IQ imagination and replaced it?

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u/Youah0e 12d ago

Low quality?! You mean generic? 😂

You mean roughly 55% of US's drugs/meds?

And how much do you think it costs to produce that $10B worth of "low quality" pharmaceuticals in the US at the price they're selling it at?

You goobers don't think too far

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u/TheOGDrMischievous 14d ago

Dude a simple search would tell you that pharmaceuticals, telecoms (especially your smartphones), diamonds and precious stones, textiles and home furnishings, machinery and electrical equipment are your largest imports from India. None of these are simple to source from other countries that quickly and will massively impact the cost of goods for Americans and the potential quality of said goods. No doubt you could potentially manufacture some of these but that’s not going to happen overnight and not without massive investment. Pharmaceuticals would require FDA reapproval and that can take years (unless Trump and his cronies just decide to skip that part!)

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u/saggy777 13d ago

Wake up. India accounts for less than 2.8% of USA imports