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Tamil Nadu alerts PM Modi on US tariff hike threat to state's exports, risking millions of jobs.
Tamil Nadu's Chief Minister M.K.
Stalin has alerted Prime Minister Narendra Modi about the severe impact of the US's planned tariff hike from 25% to 50% on Indian exports, particularly affecting Tamil Nadu.
The state, which sends 31% of its $52.1 billion exports to the US, risks losing millions of jobs in sectors like textiles, machinery, and auto components.
Stalin called for measures such as reducing GST on man-made fibres to 5%, removing cotton import duties, and extending low-interest loans to mitigate the crisis.
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Tamil Nadu alerta al PM Modi sobre la amenaza de aumento de aranceles de Estados Unidos a las exportaciones del estado, poniendo en riesgo millones de empleos.