US 500% tariff threat: Garment exporters will ‘have to take risk’; traders brace for next shock

Indian garment makers face a potential 500% US tariff threat, jeopardizing export prospects for the fall-winter cycle. Buyers are hesitant, and the industry is still recovering from previous 50% duties. Manufacturers are proceeding with production …

Indian garment makers face a potential 500% US tariff threat, jeopardizing export prospects for the fall-winter cycle. Buyers are hesitant, and the industry is still recovering from previous 50% duties. Manufacturers are proceeding with production despite uncertainty, fearing a 500% tariff would effectively halt exports to the US.

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No valid response from Gemini.

‘We will negotiate, finalise FTAs based on what is good for India’

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