How the U.S. 25% tariff plus penalty on India impacts India’s textile, IT, auto, and pharma stocks
A man walks past a screen displaying U.S. President Donald Trump, at the Bombay Stock Exchange (BSE). | Photo Credit: Reuters Textile, IT, auto and pharma stocks were trading lower on Thursday (July 31, 2025) after U.S. President Donald Trump announced the imposition of a 25% tariff on all goods coming from India starting August…