Bengaluru, Sept. 2 -- The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has announced a roadmap for export diversification in response to the "unreasonable tariffs" imposed by United States President Donald Trump.
Speaking at the FKCCI Export Excellence Awards function in Bengaluru, FKCCI President MG Balakrishna said the tariffs pose a significant challenge to exporters, particularly small-scale businesses operating on thin margins. "This is a real threat to the competitiveness of our exporters," he noted.
Balakrishna outlined steps for FKCCI members to address the challenge and urged the Government of India to provide a stimulus package or relief measures to safeguard the growth of exports. He emphasised Karnataka's ...