ilmscore | Prediction Details
"Donald Trump had announced that starting 2nd of April tariffs are going to be imposed even on India. Okay. Now everyone was already pray India. Okay. Two three sectors something like pharma really important because we have a huge exposure for we selling pharmaceutical products to the USA. Huge exposure in the automoils as well. But what I feel is auto is at a bigger risk as compared to pharma. What is the logic? See, Can he take a risk of imposing more tariffs on automoils? Yes. Can he take a risk of imposing a lot of tariffs in pharma? Ideally, no. Ideally, no. Why? Because if the people out there, if the if the US people are not able to buy medicines at a cheaper cost, then I I I can definitely tell you that the public sentiment can very well go against Mr. Trump. And that is the reason why I don't think he will impose a lot of tariffs on pharma especially on essential. And if you know about this, the generic drugs that are available in USA, majority or a huge chunk is exported by India to USA. So USA heavily relies on generic pharma to buy from India. So if he increases the tariffs for generic drugs, I think he'll he'll he'll have a big backlash. So he imposing tariffs on India for pharma is going to be very difficult is my personal interpretation of course. Okay. But what is happening right now is a 3-day meeting bilateral meeting for bilateral trade between India and US. uh it is going to end tomorrow if I'm not or it's going to be ending today. Okay. So today is the last day of the three days meeting and this will ensure that some good outcomes come up hopefully. So on the 2nd of March if nothing horrible comes up if nothing bad comes up it'll be again a smoother ride for the next few days up until something else happens. I'll tell you about that. But the tariff fear at least will come down drastically."
By CA Rachana Phadke Ranade | March 27, 2025 | Pending
From video
Nifty Rally to Continue or Bears to Return? | CA Rachana Ranade 00:20:53 - 00:23:08
Interpreted Prediction
The speaker predicts that Donald Trump will impose tariffs on India starting April 2nd, impacting sectors like pharma and auto. However, they believe tariffs on essential pharma products, particularly generic drugs, are unlikely due to potential public backlash against Trump. The bilateral meeting between India and the US ending today is expected to provide some positive outcomes, reducing tariff fears.
AI Evaluation Notes
The prediction was made on March 27, 2025, and referred to events scheduled for April 2nd and the conclusion of a bilateral meeting that same day or the next. As the current date is February 18, 2026, the timeframe for the prediction has passed, and an evaluation can be made.

Prediction Details

Topic
US Tariffs on India

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