New Delhi, Aug. 27 -- The Commerce Ministry has begun consultations with exporters from major sectors such as chemicals, textiles, gems and jewellery to address the challenges arising from the newly imposed 50% tariffs by the United States.
The move follows the implementation of the tariffs onAugust 27, 2025, which have impacted Indian exports worth overUSD 48 billion.
Key product categories under pressure include textiles and apparel, gems and jewellery, shrimp, leather and footwear, animal products, chemicals, as well as electrical and mechanical machinery.
Industry experts fear significant disruptions to trade flows, with concerns that exporters may lose competitiveness in one of India's biggest markets.
To counter the fallout, the...
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