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Trump Tariffs to Hit Manufacturing Sector Hard
The New Indian Express Dharmapuri
|August 09, 2025
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.
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The New Indian Express Dharmapuri
LS clears ₹41,455 crore for additional spending
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3 officials told to explain delay in nod to try IAS officers in corpn tender case
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CM PRESENTS ₹1.9 CRORE WORTH INCENTIVES TO SPORTSWOMEN
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The New Indian Express Dharmapuri
Nothing mini about auction as franchises look to rebuild
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The New Indian Express Dharmapuri
THE EVOLVING POLITICS OF CESS
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Lack of road for ambulance leaves pregnant woman, unborn child dead
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1 min
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The New Indian Express Dharmapuri
Star Air to start flying to Ahmedabad, Goa, Nanded, B'luru from Navi Mum
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1 min
December 16, 2025
The New Indian Express Dharmapuri
MTNL approves sale of ₹350-cr Mumbai assets
STATE-owned telecom service provider Mahanagar Telephone Nigam Limited (MTNL) on Monday announced the approval of the sale of its residential property located in Bandra Kurla Complex (BKC), Mumbai, as part of its asset monetisation plan.
1 min
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The New Indian Express Dharmapuri
India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%
INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.
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The New Indian Express Dharmapuri
2 Babbar Khalsa terrorists held from Mumbai
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1 min
December 16, 2025
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