India’s Textile Exporters Say US Tariff Hit Can Be Offset by FTAs

India’s textile exporters say US tariff hit can be offset by FTAs

India's textile exporters confident in overcoming US tariffs through FTAs, urging government support for industry growth and global market expansion.

Textile exporters: FTAs to offset US export loss from 25% tariffs

Indian textile exporters says that exports loss because of U.S the imposition of 25 per cent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India's has signed with other nations.

Centre rules out subsidies, explores alternatives as Trump tariffs hit exports

MUMBAI : In response to the fresh U.S. Tariffs announced by President Donald Trump, the Centre has reportedly ruled out direct subsidies for exporters but is exploring alternative measures to support affected industries. During meetings with industry leaders in Mumbai, Commerce and Industry Minister Shri Piyush Goyal said the government is open to “innovative” solutions, states a Times of India report. He suggested that banks revise their risk a…

Govt working on measures to shield exporters from Trump tariff impact: Official

New Delhi: The government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said on Monday. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food processin…

India's exports to US may fall 30 pc to USD 60.6 bn this fiscal due to Trump tariff: GTRI

New Delhi, Aug 4 (PTI) The additional 25 per cent import duty announced by US President Donald Trump on Indian goods could lead to a 30 per cent decline at USD 60.6 billion in India's exports to America this fiscal, think tank GTRI said on Monday. To help exports, it suggested the government to revive the interest equalisation scheme, create a helpdesk, use trade agreements strategically, and onboard new exporters. India now faces a 25 per cent …

Govt working on support measures to insulate exporters from Trump tariff: Official

NEW DELHI, Aug 4: The Government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said today. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food proces…