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Exporters brace for tariff tension
The New Indian Express Nagapattinam
|April 02, 2025
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".
Denne historien er fra April 02, 2025-utgaven av The New Indian Express Nagapattinam.
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FLERE HISTORIER FRA The New Indian Express Nagapattinam
The New Indian Express Nagapattinam
Shun foreign goods, turn to Indian for country's prosperity: PM Modi
Says across-the-board support for made-in-India products, GST reforms will push growth
1 mins
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Don't harass NGO in FCRA case, says SC, bins centre's plea against licence renewal
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1 min
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The New Indian Express Nagapattinam
Zubeen Garg of 'Ya Ali' fame dies in Singapore scuba diving accident
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1 min
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The New Indian Express Nagapattinam
Four years after child’s suicide, uncle gets 35 yrs for raping her
THE special court for the exclusive trial of Pocso cases in Tiruvallur district on Wednesday convicted a man and sentenced him to rigorous imprisonment for a total of 35 years for criminal intimidation and repeated rape of his 14-yearold niece by marriage.
1 min
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The New Indian Express Nagapattinam
Cop drives on as 40-yr-old clings to car, suspended
A special sub-inspector (SSI) attached to the Tirunelveli city police was suspended on Thursday after a video of him driving his car for a few hundred metres with a man clinging on to the bonnet went viral online.
1 min
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The New Indian Express Nagapattinam
Trade talks positive, forward-looking: India, US
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1 min
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The New Indian Express Nagapattinam
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IN a suspected case of 'honour killing', a 28-year-old mechanic from Adiyamangalam village in Mayiladuthurai district was hacked to death on Monday night allegedly by the brothers of a young woman with whom he was in a relationship for 10 years.
1 min
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The New Indian Express Nagapattinam
Custodial torture: Balveer to stand trial after 30 months
THIRTY months after the custodial violence in which former Ambasamudram ASP Balveer Singh and 13 other police personnel allegedly removed the teeth of suspects with pliers and crushed the testicles of two of them, and nearly two years after a magistrate court started hearing the matter, the four cases registered against the IPS officer and others will enter trial on October 13.
1 min
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The New Indian Express Nagapattinam
Final hearing on October 7, SC verdict for pan-India SIR
THE Supreme Court on Monday said it was presuming that the Election Commission, being a constitutional authority, was following the law during the special intensive revision (SIR) of electoral rolls in Bihar and cautioned that the entire exercise would be set aside in case any illegality is found at any stage.
1 min
September 16, 2025
The New Indian Express Nagapattinam
Pakistan threatens to pull out of Asia Cup if match referee not removed
A day after India refused to shake hands with Pakistan after recording a comprehensive win in the Asia Cup match, the issue snowballed into a major controversy.
1 mins
September 16, 2025
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