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50 Percent US tariff on Indian apparel exports could be death knell for small firms- AEPCSynopsis Indian apparel exporters are worried about new US tariffs. The Trump administration is doubling tariffs on Indian goods to 50 percent. Apparel Export Promotion Council fears this will devastate small businesses. They are seeking government support to offset the impact. The US is a major market, accounting for 33 percent of India's garment exports. New Delhi: Seeking immediate fiscal...0 Reacties 0 aandelen 2K Views 0 voorbeeld
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India aligns RoDTEP schedules with amended customs tariff structureIndia has revised its export incentive framework by aligning the schedules under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme with the newly amended customs tariff structure. The changes, notified by the Department of Commerce on 30th April 2026, came into effect on 1st May 2026. The update primarily focuses on synchronising tariff classifications to ensure consistency...0 Reacties 0 aandelen 526 Views 0 voorbeeld
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India's textile & apparel sector stays confident despite 25% US tariffInsights Despite the newly imposed 25 per cent US tariff and penalty, India's textile and apparel industry remains confident, citing its quality, scale, and resilience. Industry leaders stress the need to remove the 11 per cent duty on US cotton and recommend export incentives. The UK FTA and progress in EU negotiations offer alternative opportunities. Competition from Vietnam and Indonesia...0 Reacties 0 aandelen 953 Views 0 voorbeeld
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India-EU FTA corrects tariff disadvantage faced by textile exporters against competitors - GovtThe India-EU free trade agreement will correct a tariff disadvantage faced by textile exporters against competitors like Bangladesh, Pakistan and Turkey in the 27-nation bloc by providing zero-duty access to its USD 263.5 billion textiles export market, the government said on Tuesday. India and the European Union (EU) on Tuesday announced the conclusion of negotiations for a free trade...0 Reacties 0 aandelen 1K Views 0 voorbeeld
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Indian Textile Sector Enters Recovery Phase as US Tariff Relief and FTAs Boost Outlook: ReportIndia’s textile industry is entering a period of recovery and renewed growth prospects as uncertainty surrounding US tariffs eases, global demand improves and new trade agreements strengthen the country’s competitive position, according to a report by Dolat Capital. The brokerage stated that the sector appears to have moved beyond its most challenging phase, citing improving...0 Reacties 0 aandelen 965 Views 0 voorbeeld
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Tariff Uncertainty Halts US-Dollar 2 Billion In US Apparel Orders For IndiaNegotiations between Indian apparel exporters and US buyers have stalled, putting nearly US$ 2 billion in summer orders at risk. Exporters are hesitant to commit without clarity on the tariffs that will apply under the long-pending India–US trade deal, which was expected to be concluded by fall but remains unresolved. With uncertainty persisting, major US importers are shifting orders to...0 Reacties 0 aandelen 582 Views 0 voorbeeld
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Tiruppur Knitwear Exports Decline 4.92% in FY26 Amid Tariff-Related UncertaintyExports from India’s largest knitwear hub fall to ₹42,544 crore as US tariff concerns and global disruptions impact order flows After registering a 20 per cent increase in 2024-25, Tiruppur’s knitwear export sector witnessed a reversal in 2025-26, with exports declining nearly 5 per cent as uncertainty linked to US tariffs affected order placements during the second half of the...0 Reacties 0 aandelen 751 Views 0 voorbeeld
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US certified nearly $100 bn in tariff refunds after court rulings: CBPInsights A recent court filing by US Customs and Border Protection said the US government has processed refunds worth about $100 billion for tariffs imposed under President Donald Trump's 'Liberation Day' trade measures after they were struck down by the US Supreme Court. The amount is more than half of the nearly $166 billion collected through tariffs affected by the court's ruling. A...0 Reacties 0 aandelen 434 Views 0 voorbeeld
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US Section 301 Tariff Poses Risk to Textile Exports: CITIThe Confederation of Indian Textile Industry (CITI) has expressed concern over the United States’ decision to impose a 10% tariff on Indian goods following investigations under Section 301 by the Office of the US Trade Representative (USTR) related to the enforcement of prohibitions on imports of goods produced with forced labour. CITI Chairman Ashwin Chandran said the tariff is...0 Reacties 0 aandelen 387 Views 0 voorbeeld
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US tariff puts Indian textile exporters at disadvantage, industry body saysIndian textile and apparel exporters will face a disadvantage against Asian rivals under Washington's new 10% tariff on Indian goods, an industry body said on Friday. The Trump administration imposed 10% and 12.5% duties on goods from 60 trading partners, alleging inadequate enforcement of forced-labour import prohibitions. The duty, effective from Friday,...0 Reacties 0 aandelen 391 Views 0 voorbeeld
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