Exporters fear cancellation of US orders, seek aid after Trump slaps 25% tariff on India

In a series of meetings held with the Minister of Trade and Industry Piyush Goyal, textile, steel, engineering goods and agricultural products exporters also sought an interest equalization plan for the pre -export and post -export loan as well as market support for the US for purposes for the United States.
An official, “Exporters spoke about the negative effects of tariffs. They want support,” he said.
Washington has brought a 25% tariff with a penalty for all India Origin property on 7 August. India’s competitors, including Pakistan, Vietnam, Bangladesh and Türkiye, are in the range of 15-20%. Authorities said that the upright task could damage about half of India’s exports to the United States more than $ 85 billion.
“25% problem is that our competitors slap with lower tariffs and thus have the advantage of tariff,” a representative of a textile industry said.

Exporters, if the tariffs were 20%, load importers, exporters and consumer can be shared by the consumer, but 25% of the states and taxes and taxes plan under the reduction of higher incentives such as financial support, he said. The textile industry also marked concerns about possible layoffs in the industry, as the US could cause one -third of India’s total textile exports and may cause high tariff loss of work. “The US market is sensitive to price with lower design elements. The impact, the representative of the textile industry will be seen in basic sports products such as T -shirts and home textiles,” he said.
The US was the largest export destination in India’s 2025 financial year.
Collaborator road map
Goyal said, “Today, there was an insightful interaction with the leading industrial captains of India’s live textile sector in Mumbai. He discussed bold ideas to improve global competitiveness, sustainability, innovation and value chain integration.
In another article, he said: “He organized a productive dialogue with the large steel manufacturers in Mumbai. Adopted technology, reducing logistics costs, increasing the production of iron ore, and expanding the role of India in the global value chains by making our MSME more competitive.
Another industrial representative attending the meeting said that orders were restricted due to penalty and incentives were needed. “Furthermore, Russian import -related penalty is not quantitative or specified, and buyers are now reluctant to order. The land price and duty do not know the price and duty.”


&w=390&resize=390,220&ssl=1)
