Trump tariffs: Indian exporters on edge as move sparks cancellations

Indian exporters are anxious as US President Trump imposes a 25% tariff on Indian goods starting August 1, coupled with an unspecified penalty related to India’s dealings with Russia. This announcement has triggered order cancellations and uncertainty among businesses. Key sectors like textiles and garments, already facing competition from Vietnam and Indonesia, anticipate significant impact.

More From Author

Trump tariffs: Indian exporters on edge as move sparks cancellations

‘India has not been a great global actor’: Donald Trump administration fires fresh salvo after 25% tariff; says Russia oil ‘most certainly a point of irritation’

Leave a Reply