‘Why Russian oil?’: Orders to US put on hold, cancelled overnight – Indian exporters recount ‘harrowing night’ after Trump’s 50% tariffs
US buyers are suspending and cancelling orders from Indian exporters due to President Trump’s decision to raise tariffs on Indian goods to 50%. This sudden increase has led to price renegotiations, shipment halts, and order losses, particularly impacting garment, seafood, and jewelry sectors.🕒 1 min read
US buyers are suspending and cancelling orders from Indian exporters due to President Trump’s decision to raise tariffs on Indian goods to 50%. This sudden increase has led to price renegotiations, shipment halts, and order losses, particularly impacting garment, seafood, and jewelry sectors.
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