Trump tariffs: ACMA optimistic about balanced resolution through India-US talks

“The Automotive Component Manufacturers Association of India (ACMA) acknowledges the recent executive order signed by U.S. President Donald Trump on April 2, 2025, under the ‘Liberation Day’ initiative. We recognize the U.S. administration’s objective to bolster domestic manufacturing and address trade imbalances,” stated Shradha Suri Marwah, President of ACMA and CMD of Subros Ltd.

She further clarified, “It is important to note that autos, auto parts, and steel & aluminum articles—already subject to Section 232 tariffs of 25% under President Trump’s March 26, 2025, order—are not included in this latest directive. However, we await further details on the specific auto components that will be affected by the 25% import tariff in the U.S.”

ACMA remains hopeful that ongoing bilateral discussions between India and the U.S. will lead to a balanced resolution that supports both economies. “Given the strong trade relationship between our nations, particularly in the auto components sector, we believe continued engagement will help mitigate the impact of these measures. ACMA is committed to collaborating with all stakeholders to ensure the long-term growth and stability of India’s auto component industry,” Marwah added.