India’s telecom, agriculture most affected by US tariffs; telecom has competitive edge: Report

New Delhi [India], April 7 (ANI): India’s telecom and agriculture sectors are among the worst-affected sectors by the US President Donald Trump’s tariffs, highlighted the data shared by a report of EY.

According to the report, the telecom sector has been hit with a sharp rise in tariffs — from 0 per cent earlier to 26 per cent from April 9, 2025. India’s telecom exports to the US stand at USD 6 billion. However, despite the increased tariff, India remains more competitive than China and Vietnam, which are facing even steeper duties.