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Sunday, 8 November 2026 IST

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US tariff relief unlikely for auto parts makers

Indian auto component makers see little prospect of near-term relief from steep US tariffs despite Democrats gaining control of Congress. President Donald Trump can veto legislation seeking to…

US tariff relief unlikely for auto parts makers
US tariff relief unlikely for auto parts makers — image via Economic Times — Credit: Economic Times

Attributed summary

Indian auto component makers see little prospect of near-term relief from steep US tariffs despite Democrats gaining control of Congress. President Donald Trump can veto legislation seeking to challenge his trade policies, while overturning that veto requires a two-thirds majority in both chambers. Industry executives see progress in bilateral trade talks as key.

Read the original report — Economic Times

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