President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

US President Donald Trump’s threats of steep tariffs on Mexico and his planned curbs on immigration present a two-pronged threat to Indian auto-parts suppliers and their ambitions to expand in their biggest export market.

Royal Enfield might have to deal with the effect of reciprocal tariffs since the US remains a major export market for the Indian two-wheeler brand.