US tariffs: Shoemakers take measured steps
Friday, 8 August 2025 ()
India's non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like Nike and Crocs may pause new export orders, fearing eroded competitiveness compared to Vietnam and Indonesia. Apparel exporters are also pressured to shift US production elsewhere.
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