‘We’re scared of losing our jobs’: industries in India fear impact of Trump’s 50% tariffs - short news
Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest market
India has long been one of the world’s great garment houses, turning out everything from cheap T-shirts to intricate embroidery. Last year, textile and garment exports to the US alone fetched £21bn, riding a wave of strong consumer demand.
Now the trade is in jeopardy. With the stroke of a pen, the US president, Donald Trump, last week slapped a 50% tariff on..
source: The Guardian - 05.09.2025