Indian exporters face immediate headwinds as new trade report analysis warns of impending US tariff risks on textile shipments, alongside compounding security escalations in primary Middle Eastern shipping lanes.
US Tariff Threats Target Indian Apparel and Textile Exports
A recent report by the Confederation of Indian Textile Industry (CITI) highlights critical exposure for Indian textile and garment exporters due to potential US tariff adjustments and legislative measures linked to Russian sanction compliance, as reported by India Shipping News. The potential levy additions threaten to erode competitiveness in key Western destinations at a time when global demand is already constrained.
Adding to US