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US Tariff Will Hit State's Exports Sector Hard, Says Balagopal
August 09, 2025
|The New Indian Express Kollam
The US decision to impose a 50% tariff on Indian goods will have a serious impact on Kerala's economy as the state makes large-scale exports to the US, Finance Minister K N Balagopal has said.
It is a bullying tactic to control the country's market, he said.
"Our exports to the US include shrimp and other fish produce, textiles, spices, cashew, coir, etc. Medical equipment too is exported in large quantities. Besides, there is modest export of semiconductors and chips. Software exports too will be affected," he told reporters on Friday.
هذه القصة من طبعة August 09, 2025 من The New Indian Express Kollam.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kollam
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