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Centre wants states to support exporters hit by Donald Trump tariff

Exporters have warned that the US tariff hike poses a setback, affecting nearly 55 per cent of India's shipments to the American market

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The central government is working on a three-pronged strategy to cushion exporters from the impact. One plan involves launching a sector-specific support scheme under the proposed ₹2,250 crore Export Promotion Mission.

Asit Ranjan Mishra New Delhi

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The commerce and industry ministry is set to reach out to export-oriented states such as Gujarat, Maharashtra, and Tamil Nadu, urging them to support labour-intensive sectors hit by the 50 per cent tariff imposed by the US government. 
Exporters have warned that the US tariff hike poses a setback, affecting nearly 55 per cent of India’s shipments to the American market. Apparel and leather exporters are expected to be the worst hit, particularly as this is the period when orders for the festival season are typically placed.
 
“While the Centre is already exploring options to support exporters, state governments of