How US tariffs are unraveling India’s textile industry
NegativeWorld Affairs
US tariffs of 50% on Indian textiles have severely impacted the industry, causing stalled orders and forcing businesses to absorb some of the costs.
Editor’s Note: This situation is significant as it highlights the challenges faced by India's textile sector, which is a crucial part of its economy. The tariffs not only affect businesses but also threaten jobs and livelihoods in the industry.
— Curated by the World Pulse Now AI Editorial System