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Trump Tariffs to Hit Manufacturing Sector Hard
August 09, 2025
|The New Indian Express Mangaluru
Cost differentials of 30-35% to make apparel, leather goods, machinery exports to US unviable
WITH US President Donald Trump doubling down on his tariff war with Delhi, slapping an additional 25% duties on Indian goods shipped to the US shores from August 27, analysts say if India fails to bring down the tariffs through negotiation it will impact the labor-intensive manufacturing sector heavily, thereby shaving off growth.
Ratings agency Moody's on Friday said if India doesn't get tariffs negotiated to a level that is not disadvantageous to its manufacturing competitiveness, it will result in growth losing momentum by 30 bps, leading to 6% GDP growth this fiscal.
هذه القصة من طبعة August 09, 2025 من The New Indian Express Mangaluru.
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 Mangaluru
The New Indian Express Mangaluru
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App to book appointments with mins at Soudhas soon
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1 min
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30 countries to join major maritime info sharing workshop in Haryana
AMID the growing importance of global maritime security, Gurugram will next week host the world's leading maritime experts for the Maritime Information Sharing Workshop (MISW) 2025, the Indian Navy's flagship event organised by the Information Fusion Centre, Indian Ocean Region (IFC-IOR).
1 mins
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The New Indian Express Mangaluru
Hosabale slams Kharge’s RSS remarks
RASHTRIYA Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Saturday dismissed Congress president Mallikarjun Kharge's call to ban the RSS, saying that society has accepted the organisation as one that works for national unity, security, culture and development.
1 mins
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The New Indian Express Mangaluru
Lessons from the Hills
Steering away from conventional education, a school in Uttarakhand's hills is bringing children back to their roots
2 mins
November 02, 2025
The New Indian Express Mangaluru
2005 fallout on Lalu, Nitish villages
IN Bihar's political heartland, two villages-Kalyan Bigha in Nalanda and Ful waria in Gopalganj stand as contrasting portraits of their most illustrious sons, Chief Minister Nitish Kumar and former Chief Minister Lalu Prasad Yadav.
1 mins
November 02, 2025
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