US Sec 301 Tariffs Unlikely to Hit India's Exports, Textiles Need Close Watch, Says FIEO Chief
7 Articles
7 Articles
India dodges bigger tariff shock, but Trump trade uncertainty keeps exporters anxious
Bigger concern for Indian exporters is the proposed three-year TRQs for Bangladesh, Cambodia, Indonesia and Malaysia, which could allow certain textile and apparel exports from these countries to enter the US market free of Section 301 duties.
US Sec 301 tariffs unlikely to hit India's exports, textiles need close watch, says FIEO chief
India's exports face minimal impact from new United States tariffs, according to FIEO. The nation is placed in the lower ten percent tariff category by the US. However, the textile sector requires close monitoring for future tariff-rate quotas. Products already under Section 232 tariffs will not be affected by this announcement. India has provided proof of no forced labour imports into the country.
US Section 301 Tariff Poses Risk to Textile Exports: CITI
The Confederation of Indian Textile Industry (CITI) has expressed concern over the United States’ decision to impose a 10% tariff on Indian goods following investigations under Section 301 by the Office of the US Trade Representative (USTR) related to the enforcement of prohibitions on imports of goods produced with forced labour. CITI Chairman Ashwin Chandran […] The post US Section 301 Tariff Poses Risk to Textile Exports: CITI appeared first …
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