Donald Trump: Raghav Chadha Warns of Economic Impact as Trump Imposes Tariffs on India

AAP leader and Rajya Sabha MP Raghav Chadha has raised concerns over the economic repercussions of tariffs imposed by the Trump administration on India. Taking to social media, Chadha questioned Indian citizens who had supported Donald Trump’s presidential victory, pointing out that India is among the first nations to face trade restrictions under the new U.S. administration.

To my fellow Indian citizens who supported and prayed for Trump's victory—are you aware that India is among the first countries to face tariffs imposed by the new Trump administration?
These tariffs will directly impact key sectors such as IT, Automobile, Textile,… pic.twitter.com/yf5DFSRpZv

— Raghav Chadha (@raghav_chadha) February 13, 2025

Sectors at Risk: IT, Automobiles, and Pharmaceuticals

According to Chadha, the tariffs will have a direct impact on crucial industries such as:

✅ IT Sector – India’s booming software and technology exports could face new restrictions, making it harder for Indian firms to compete in the U.S. market.

✅ Automobile Industry – Increased import duties may lead to higher costs for Indian car manufacturers, affecting both domestic production and exports.

✅ Textile & Pharma – These industries, which heavily depend on exports to the U.S., could experience financial losses, leading to potential job cuts.

Concerns Over Rising Unemployment

Chadha emphasized that these tariffs could worsen India's unemployment crisis, which has already been a major economic challenge. "The consequences could be severe for our economy," he warned, highlighting the threat to thousands of jobs in affected industries.

Parliamentary Discussion on Trade Policies

The AAP MP stated that he had extensively discussed this issue in Parliament, urging the government to take immediate steps to protect India's economic interests. He called for strong diplomatic negotiations to mitigate the impact of U.S. trade policies and ensure that Indian businesses do not suffer.

India’s Next Steps?

With the Trump administration signaling a tougher stance on global trade, India now faces a crucial moment in its economic diplomacy. The government will need to strategize trade negotiations and possibly explore alternative markets to safeguard its industries.

The coming weeks will determine how India navigates this economic challenge and whether a resolution can be reached to minimize damage to key sectors and employment.