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Indian garment exporters face Trump’s 50% tariff shock| Oneindia Ground Report

Video Credit: Oneindia - Duration: 03:09s - Published
Indian garment exporters face Trump’s 50% tariff shock| Oneindia Ground Report

Indian garment exporters face Trump’s 50% tariff shock| Oneindia Ground Report

Indian garment exporters are facing a major tariff shock as the Trump administration imposes a steep 50 percent duty on Indian exports.

The move directly impacts garment exporters, shoe manufacturers, and leather industries that heavily rely on the US market.

With Indian garment exporters already working on razor-thin margins, this tariff threatens millions of jobs and billions in trade revenues.

Competitors like Vietnam and Bangladesh could benefit, while Indian garment exporters brace for losses.

The Modi government is expected to step in with relief measures as Indian garment exporters explore new markets and diversification strategies.

Oneindia’s Pankaj Mishra explains.

#IndianGarmentExporters #TrumpTariff #IndiaExports #TradeWar #USIndia ~PR.282~HT.408~ED.110~GR.124~


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