Auto Sector Plummets as US Tariff Fears Trigger Sharp Sell-Off
Indian auto stocks crashed on April 4th, driven by fears of US tariffs. BHARATFORG orge fell 9%, TATAMOTORS rs also declined. The potential 25% tariff on $6.8 billion in Indian auto exports to the US sparked concerns about price competitiveness and revenue losses, especially for companies like Bharat Forge, heavily reliant on the US market.
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