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U.S. 50% tariffs under Trump threaten 45 million Indian textile jobs and export growth.
U.S. tariffs under Donald Trump’s administration, including a reported 50% rate, are severely impacting India’s textile industry, threatening over 4.5 crore jobs and causing factory closures and export declines.
The Apparel Export Promotion Council warns that prolonged tariffs could lead to irreversible market share losses, with competitors like Bangladesh and Vietnam gaining ground.
Despite limited government actions like easing cotton duties, exporters demand urgent protective measures and policy support.
Congress leader Rahul Gandhi blames Prime Minister Modi’s economic policies for the crisis, calling the economy “dead” and urging immediate trade negotiations.
India exported $10.3 billion in textiles and apparel to the U.S. in 2024, making the sector vital to the economy.
Los aranceles del 50% de EE.UU. bajo Trump amenazan 45 millones de empleos textiles indios y el crecimiento de las exportaciones.