Trump tariffs unlikely to impact rising Indian textile exports, say experts

In terms of tariffs on textiles and clothing, while India imposes a 10.4 per cent tariff on US imports, the tariff for Indian importers in the US is 9 per cent

Discussions between India and the US to reduce tariffs are in full swing with less than a month left for US President Donald Trump’s reciprocal tariff plan to be implemented.

 

A number of sectors may be impacted if both the countries do not reach a consensus.

 

However, industry experts said that the textiles industry is unlikely to have any major impact because neither of the countries has any differential advantage with regard to tariffs.

 

On Friday, Trump had said that India has agreed to reduce its ‘massive tariffs’. This comes at a time when textile hubs like Tiruppur (Tamil