Coimbatore, Jan. 8 -- A Parliamentary Standing Committee comprising 16 Members of Parliament held consultations with industrialists in Coimbatore to assess the impact of India-US trade relations and the consequences of the 50 per cent tariff imposed by the United States on Indian goods.

Following the assumption of office by former US President Donald Trump, a 50 per cent tariff was imposed on Indian exports, pushing several sectors of Indian industry into severe stress.

The Parliamentary Standing Committee, headed by Rajya Sabha MP Dola Sen, was constituted to study the impact of this tariff and review India-US trade relations.

The committee has been visiting key industrial hubs since January 6, including Visakhapatnam, Chennai, and Co...