US tariffs threaten millions of jobs in India’s textile sector as manufacturers look for new clients

US tariffs threaten millions of jobs in India’s textile sector as manufacturers look for new clients

The prospect of a 50 per cent tariff on Indian exports to the US – with only Brazil subject to a higher levy – are expected to badly hurt the sectors that employ the most people in the South Asian country, such as textiles, gems and jewellery, and engineering goods. Entrepreneurs and workers in the Indian textile sector told ST they expect a substantial loss of revenue and jobs by the end of the year.  Read more at straitstimes.com.

US Tariff Reductions Ease Pressure, But Trump Threats Create Uncertainty - LNW Lanka News Web

By: Staff WriterAugust 25, Colombo (LNW): Sri Lanka’s industrial sector has welcomed progress in tariff negotiations with the United States, though concerns are growing over hidden conditions and the possibility of tougher measures if Washington’s demands are not met.Ceylon National Chamber of Industries (CNCI) Chairman Kevin Edwards said manufacturers were “broadly satisfied” with the Government’s efforts to cut reciprocal tariffs on US imports…

How U.S. tariffs threaten Indian exports from textiles to jewelry

Earlier this month, President Donald Trump imposed a 25% tariff on Indian goods after trade negotiations between the two countries collapsed. Almost immediately afterward, he announced an additional 25% levy in retaliation for India’s continued oil imports and military ties with Russia, effectively doubling duties to 50% on most Indian exports to the U.S. The tariffs, set to take effect on August 27, 2025, target India’s largest export market — …