Tariff
A tariff is a tax imposed on goods when they cross international borders, particularly when they are imported into a country. It's a type of trade barrier that can increase the price of imported goods, potentially protecting domestic industries and raising revenue for the government.
High tariffs become ‘real’ with our first $36K bill - https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
- we couldn’t manufacture ourselves even if we wanted to, since the vendor has well-deserved IP protections
Top Indian Companies & Their % Revenue from USA: https://x.com/CaVivekkhatri/status/1953097841687314478
- Tata Motors – 15.41%
- Ipca Labs – 17.83%
- Divi’s Lab – 18.25%
- Ajanta Pharma – 19.55%
- Sundram Fasteners – 22.36%
- Sun Pharma – 33.26%
- LT Foods – 38.53%
- Biocon – 43.75%
- Aurobindo Pharma – 45.3%
- Dr. Reddy’s Lab – 48.56%
- Tech Mahindra – 50.8%
- Marksans Pharma – 51.86%
- Coforge – 56.0%
- Wipro – 62.68%
- HCL Tech – 65.5%
- Zensar Tech – 67.3%
- Avanti Feeds – 69.0%
- Natco Pharma – 70.49%
- eClerx Services – 76.0%
- Granules India – 77.0%
- Mphasis – 81.43%
- Birlasoft – 85.7%
- Sagility India – 100% 👀
⚠️ Why it matters:
Many of these companies rely heavily on the US market. A slowdown, tariff hike, or policy change in the US could severely impact their topline and stock performance.