U.S. Tariffs to Impact Revenue of Garment Exporters

Kamal Haasan attacks US tariffs, calls them new imperial tool hurting India

Actor-politician Kamal Haasan has sharply criticised the United States for imposing steep tariffs on Indian exports, branding them a “new imperial tool,” while demanding urgent relief measures for struggling exporters and industries.

After Trump notifies additional tariff, textiles units in Tirupur, Noida & Surat halt production, say exporters

FIEO President S C Ralhan said that 50 per cent US tariffs will severely disrupt the flow of Indian goods to its largest export market. He added that the development is a setback and could severely impact India's exports to the US.

U.S. tariffs to impact revenue of garment exporters

India's RMG industry faces revenue decline due to U.S. tariffs, impacting profitability and credit metrics, requiring government support.

FPSA - Indian exporters sound the alarm on sectoral fallout as U.S. tariffs take effect

The Federation of Indian Export Organizations said the situation can severely impact India's industries and make the country less competitive. Keep readingRead MoreThe post Indian exporters sound the alarm on sectoral fallout as U.S. tariffs take effect appeared first on FPSA.

5 lakh jobs at risk! Trump’s tax attack poses a major crisis to ‘this’ sector

The US has imposed a 50% tax on India’s textile and ready-made garment exports. After this decision, not only Indian exporters but also about 5 lakh jobs are at risk. The biggest blow from US President Donald Trump’s tough trade policy is now going to be on India’s textile industry. From Wednesday, the US has imposed a 50% tax on India’s textile and ready-made garment exports. After this decision, not only Indian exporters but also about 5 lakh …

US tariff hike to hit RMG growth, force exporters to shift focus to EU, UK and UAE | Trade Data News India

The 50% US tariffs coming into effect from Wednesday are expected to nearly halve the revenue growth of India’s readymade garments (RMG) industry to 3–5% this fiscal year, as some manufacturers derive up to 40% of their revenue from the US. Profitability could also take a hit, with margins shrinking by 300–500 basis points, according […] The post US tariff hike to hit RMG growth, force exporters to shift focus to EU, UK and UAE appeared first on…