“His America First agenda would likely push for protective measures such as reciprocal tariffs on Indian goods, potentially adding barriers for key Indian exports like automobiles, wines, textiles, and pharmaceuticals. These increases could make Indian products less competitive in the US, impacting revenue in these sectors,” warns Shrivastava.
Experts say IT sector exports could also get impacted if Trump wins in and implement his policies against outsourcing. H-1B visa policies are crucial for the movement of skilled professionals, especially from India’s IT sector. As per experts, Trump’s stricter immigration stance could lead to changes in visa rules, impacting Indian IT professionals and raising costs for Indian IT companies.