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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Emmforce Autotech, a manufacturer and exporter of drivetrain components, has clarified the impact of the recent U.S. tariff measures effective August 27, 2025, which impose an additional 25% tariff (total 50%) on Indian imports under Executive Order 14329. The company confirmed that all its U.S.-bound exports are parts for passenger vehicles and light trucks (SUVs, crossovers, pickup trucks), which fall under HTSUS Heading 9903.94.05 and are already subject to a 25% Section 232 duty since May 2025. These auto parts are expressly exempted from the new 25% tariff. As a result, Emmforce stated that the new U.S. tariff measures will have no incremental financial or operational impact on its exports to the U.S. market.
This is a positive clarification for shareholders — the company has confirmed that recent U.S. tariff hikes will not affect its business, removing a key overhang on the stock. Investors can expect business continuity with U.S. customers.