Weavers in Varanasi Struggle as Trump Tariffs Choke Banarasi Saree Sales Abroad

Weavers in Varanasi struggle as Trump tariffs choke Banarasi saree sales abroad

The hefty tariff imposed by Trump administration on Indian goods has severely impacted the Banarasi saree and silk sector, leading to a decline in demand and halted export orders. This trend is posing a threat to the livelihoods of many workers dependent on this trade.

US Tariffs Impact Banarasi Saree Exports, Industry Faces Challenges | 📰 LatestLY

The world-famous Banarasi saree and silk industry is facing a severe impact due to tariffs imposed by the US. Following the imposition of tariffs, large orders from the US are being cancelled, and foreign traders have started returning shipments, say traders. 📰 US Tariffs Impact Banarasi Saree Exports, Industry Faces Challenges.

US Tariffs Impact Banarasi Saree Exports, Industry Faces Challenges - Clarion India

VARANASI — The world-famous Banarasi saree and silk industry is facing a severe impact due to tariffs imposed by the US. Following the imposition of tariffs, large orders from the US are being cancelled, and foreign traders have started returning shipments, say traders.  According to the Varanasi Textile Industry Association, if this situation persists, the city could suffer losses of up to Rs 300 crore annually. This crisis has put the liveliho…