India’s Textile, Engineering Goods, Electronics, And Gems & Jewellery Exporters To Hit Hard By Trump Tariffs

Indian exporters in key sectors such as textiles, engineering goods, electronics, and gems & jewellery are expected to face significant challenges following the 26% tariff imposed by U.S. President Donald Trump. This move, part of a broader policy of reciprocal tariffs targeting multiple nations, is expected to erode profit margins and reduce the competitiveness of Indian goods in the U.S.
Indian exporters in key sectors such as textiles, engineering goods, electronics, and gems & jewellery are expected to face significant challenges following the 26% tariff imposed by U.S. President Donald Trump. This move, part of a broader policy of reciprocal tariffs targeting multiple nations, is expected to erode profit margins and reduce the competitiveness of Indian goods in the U.S.
Go to Source