Trump tariffs impact: Tamil Nadu’s US-bound textile exports hit pause, Rs 6,000 crore trade at risk
Saturday, 9 August 2025 () Tiruppur's garment industry faces challenges as the United States imposes new tariffs. Several manufacturers suspend production, and others consider their options. American buyers pause existing orders, leading to uncertainty. The tariff hike follows India's continued purchase of Russian oil. Exporters plan to explore alternative markets like the UK. Other sectors, including chemicals and leather, are also likely to be affected.
India’s Ministry of External Affairs (MEA) has finally addressed the rising buzz around Donald Trump’s proposed tariffs on Indian exports. During a high-level media briefing that followed Prime Minister Modi’s meeting with Philippine President Ferdinand Marcos Jr., the MEA clarified that no...
President Trump put a whopping 39% tariff on gold from Switzerland. Is it really about a trade imbalance? Or is there more to such a drastic tax? Also this week, the President took steps to allow..
On August 5, 2025, US President Donald Trump signed a powerful executive order creating an "Olympics Task Force" to gear up for the LA 2028 Summer Games. But that’s not all—Trump..
Chinese Ambassador to India Xu Feihong sharply criticizes former President Trump’s aggressive tariff policies, calling him a “bully” using trade warfare to dominate global markets. With India’s..
Saturday, 9 August 2025 ()
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