Archive · 8 Jan 2026

US Tariffs Cripple India's Textile Exports

US Tariffs Cripple India's Textile Exports

The US has put very high taxes (50%) on Indian products like clothes, shoes, and jewelry.

This is making it hard for Indian companies to sell their goods in the US, which is a very important market for them.

Many companies have already cut production and laid off workers.

They are trying to find new customers in other countries, but it's not easy.

The Indian government is also trying to help by talking to the US government to make a trade deal, but it's taking a long time.

If the deal doesn't happen soon, many more companies might have to close, and a lot of people could lose their jobs.

Some companies are even thinking about moving their factories to other countries where the taxes are lower.

Sources