US tariffs hit Indian exports: Industry stresses diversification; opportunity to boost resilience & future-ready trading partner
Industry bodies in India have responded to the US's imposition of a 50% tariff on Indian goods, effective August 27, with a mix of concern and optimism. While sectors like textiles and gems will be affected, leaders emphasize India's economic resilience and ongoing diversification into markets like ASEAN and the EU.
Industry bodies in India have responded to the US's imposition of a 50% tariff on Indian goods, effective August 27, with a mix of concern and optimism. While sectors like textiles and gems will be affected, leaders emphasize India's economic resilience and ongoing diversification into markets like ASEAN and the EU. What's Your Reaction?
