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Exporters brace for tariff tension
April 02, 2025
|The New Indian Express Kozhikode
Worried Punjab and Haryana manufacturers want govt to protect domestic industries
WITH Wednesday the rollout date for reciprocal tariffs announced by US President Donald Trump, manufacturers and exporters in Punjab and Haryana feel vulnerable and want the government to protect the domestic industry.
The president of the World MSE Forum, Badish Jindal, says the tariffs will affect auto parts, garments, hosiery, steel products, and fasteners.
In his view, India should "learn" from the US and protect "our interests."
Of the trade imbalance, Jindal said, "We import goods worth ₹50 lakh crore, including ₹9 lakh crore from China. Our exports to China are only ₹1 lakh crore. While our exports were ₹30 lakh crore last year, the trade deficit was ₹19.96 lakh crore; it may go up to ₹22 lakh crore now."
He feels "Pakistan and Bangladesh will benefit from the US tariffs as they are hosiery majors and giving us tough competition".
هذه القصة من طبعة April 02, 2025 من The New Indian Express Kozhikode.
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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The New Indian Express Kozhikode
Russell hat-trick as HIL GC tame Shrachi Bengal Tigers
Hockey India League’s (HIL) Governing Council (GC) team won a high-scoring thriller against defending champions Shrachi Bengal Tigers 6-3, while last year’s runners-up Hyderabad Toofans rallied to beat Ranchi Royals 3-2 in the Hockey India League at the Mayor Radhakrishnan Stadium on Sunday.
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The New Indian Express Kozhikode
US mission warns students of stern action, says 'visa a privilege, not right'
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2 mins
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The New Indian Express Kozhikode
PM, NETANYAHU TALK GAZA PEACE EFFORTS
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1 min
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The New Indian Express Kozhikode
Have to highlight stories in right way to lift doubles format: Woodbridge
WHEN top singles pros formed pairs to play in exhibition mixed doubles tie in the US Open last year, fans flocked to the stands and made it a full-house.
2 mins
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The New Indian Express Kozhikode
SC asks forensic test of Biren's 48-minute tape
THE Supreme Court on Wednesday directed that the entire 48-minute audio clip allegedly implicating former Manipur Chief Minister N Biren Singh in the 2023 ethnic violence, along with his admitted voice samples, be forwarded to the National Forensic Science University (NFSU) Gandhinagar, for detailed forensic examination.
1 min
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The New Indian Express Kozhikode
TN NEEDS MORE REVENUES TO FUND PENSION SCHEME
Na politically sensitive pre-election move, the DMK government has announced the Tamil Nadu Assured Pension Scheme (TAPS), covering nearly 6.25 lakh state government employees.
1 mins
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The New Indian Express Kozhikode
UP Oppn preps local units to enrol voters in poll rolls
AFTER 2.89 crore voters or 18.70% of the electorate were deleted from UP’s rolls under SIR, political parties have deployed their office-bearers to get names of eligible voters added to the final list which will be out on March 6.
1 min
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Environment ministry approves iron ore mining in C’garh Bailadila forest
THE Centre has recommended environmental clearance (EC) for the diversion of 874.924 hectares of forest land to extend iron ore mining by the state-owned NMDC within the Bailadila reserve forest (BRF) in Chhattisgarh’s Dantewada district.
1 mins
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The New Indian Express Kozhikode
'Road accidents caused by strays kill people too'
THE Supreme Court on Wednesday observed that the people in the country were dying not only of dog bites but also due to accidents caused by stray animals on roads, making it a major cause of concern for everyone.
1 min
January 08, 2026
The New Indian Express Kozhikode
Vaishno Devi med college closure cheers BJP, NC calls it communal
FOUR days after inspecting Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in Katra, the National Medical Commission (NMC) on Tuesday withdrew its recognition, triggering contrasting political reactions across Jammu and Kashmir.
1 min
January 08, 2026
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