US EditionAfter Trump Doubles Tariff, India’s Strategy: Remain Quiet, Don’t Give in, Wait It Out for Now
INDIA, AUG 8 – US retailers halted orders from India after tariffs doubled to 50%, risking a $4-5 billion loss and shifting orders to countries with lower tariffs, sources said.
10 Articles
10 Articles
The new tariffs announced by U.S. President Donald Trump to more than 90 countries around the world came into effect on Thursday, August 7. This measure generated its first effects on the international market and Walmart, Amazon, Target and other companies made a sharp decision about it. Walmart, Amazon and Target's reaction to Trump's tariffsThe U.S. retail chains requested suppliers in India, a country that currently has a 25% tariff since thi…
Large U.S. retailers such as Walmart, Amazon, Target and Gap have asked for a pause in shipments to Indian exporters, mainly in the textile sector, in the face of tariffs of up to 50% imposed by the Donald Trump administration, as confirmed by industry and local media sources.According to the NDTV Profit financial channel, buyers refuse to assume the increase in costs, which include a 25% tariff that came into effect yesterday and the threat of …
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