In blow to Bangladesh, govt shuts land route for garment imports; other items too on list
Saturday, 17 May 2025 India has restricted imports from Bangladesh, including a ban on readymade garments via land routes, amidst growing tensions with the interim administration. This retaliatory move follows Bangladesh's restrictions on Indian yarn and rice. While key items like fish and edible oil are spared, the ban impacts a significant portion of Bangladesh's garment exports to India.
India has exempted specific migrants from Afghanistan, Bangladesh, Pakistan, Nepal, Bhutan, and Tibet from penal action under the new immigration law... IndiaTimes
Border Security Force and Border Guard Bangladesh met in Dhaka. They discussed border attacks on BSF personnel by Bangladeshi individuals. BSF raised concerns.. IndiaTimes
Indian garment exporters are facing a major tariff shock as the Trump administration imposes a steep 50 percent duty on Indian exports. The move directly impacts garment exporters, shoe manufacturers, and leather industries that heavily rely on the US market. With Indian garment exporters already working on razor-thin margins, this tariff threatens millions of jobs and billions in trade revenues. Competitors like Vietnam and Bangladesh could benefit, while Indian garment exporters brace for losses. The Modi government is expected to step in with relief measures as Indian garment exporters explore new markets and diversification strategies. Oneindia’s Pankaj Mishra explains.
#IndianGarmentExporters #TrumpTariff #IndiaExports #TradeWar #USIndia
~PR.282~HT.408~ED.110~GR.124~
Saturday, 17 May 2025
![Indian garment exporters face Trump’s 50% tariff shock| Oneindia Ground Report [Video]](https://video.newsserve.net/300/v/20250827/1420929332-Indian-garment-exporters-face-Trump-50-tariff.jpg)
