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50% US tariff to hurt key sectors
August 13, 2025
|Financial Express Lucknow
THE CURRENT 25% additional tariff on Indian goods exported to the US will significantly impact earnings in labour-intensive sectors such as diamond polishing, shrimp, home textiles and carpets, Crisil Ratings said in its latest report.
It noted that an additional 25% duty, effective August 27 as a penalty for importing Russian crude, will further pressure these sectors and also affect ready-made garments (RMG), chemicals, agrochemicals, capital goods and solar panel manufacturing—making exports to the US unviable for all.
هذه القصة من طبعة August 13, 2025 من Financial Express Lucknow.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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