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TN Will Absorb Impact of US Tariff Shock: Rajaa

The New Indian Express Madurai

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August 01, 2025

TAMIL NADU is prepared to absorb the impact of the new US tariffs, state Industries Minister TRB Rajaa said on Thursday, after US President Donald Trump announced a 25% duty on goods imported from India, escalating trade tensions between the two countries.

- EXPRESS NEWS SERVICE @ Chennai

Speaking on the sidelines of the second edition of the Passenger Vehicle Expo, Rajaa said the state had contingency plans to shield key sectors, including manufacturing, textiles, and footwear, from trade shocks. "We've seen the Covid impact, we've seen global disruptions. If there is one state resilient enough to weather this, it's Tamil

MÁS HISTORIAS DE The New Indian Express Madurai

The New Indian Express Madurai

The New Indian Express Madurai

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