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Trump tariffs: Indian exporters on edge as move sparks cancellations

IndiaTimes Thursday, 31 July 2025 ()
Indian exporters are anxious as US President Trump imposes a 25% tariff on Indian goods starting August 1, coupled with an unspecified penalty related to India's dealings with Russia. This announcement has triggered order cancellations and uncertainty among businesses. Key sectors like textiles and garments, already facing competition from Vietnam and Indonesia, anticipate significant impact.
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