US tariffs have rocked India’s carpet industry as orders have nearly stalled.
US tariffs have rocked India’s carpet industry as orders have nearly stalled.
By Gurvinder Singh
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Bhadohi, India: Surya Mani Tiwari has had sleepless nights ever since United States President Donald Trump slapped India with 50 percent tariffs.
Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest market
NEW DELHI: Donald Trump’s 50 percent tariffs on Indian exports to the US took effect on Wednesday, with the first impact expected…
BBC correspondents visit export hubs across India to assess how steep US tariffs are impacting business owners.
US tariffs of 50% on India have hit textile sector hard with orders stalled and businesses asked to absorb some tariffs.
Likened to a ‘trade embargo’ and an ‘earthquake’, it could cut exports from affected sectors by as much as 70%
The US tariff and penalty on Indian goods has created uncertainties for the Indian textile industry and it is likely to impact…
