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Trump’s 25% tariff, penalties raise alarm: Indian exporters fear order cancellations; urgent support sought from government

IndiaTimes Sunday, 3 August 2025 ()
Indian businesses are worried about potential order cancellations from American clients due to the new 25% duty on Indian goods, exceeding rates for competitor nations. During discussions with Minister Piyush Goyal, sectors like textiles, steel, and agriculture requested support, including an Export Promotion Mission and US market assistance.
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