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Indian textile exporters say FTAs will offset 25% US tariff losses
The Business Guardian
|August 06, 2025
Indian textile exporters say that export losses because of the U.S. imposition of 25 percent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India has signed with other nations.
Exporters remain confident about their future and are urging the Indian government to take proactive steps to support the industry. Champalal Bothra, National Chairman of the Confederation of All India Traders (CAIT) told ANI that, "Despite Donald Trump imposing tariffs on India, the textile industry is not facing any problems. We want to tell the Indian government that the 35 percent of our exports that go to the U.S. can be compensated through free trade agreements (F
Dit verhaal komt uit de August 06, 2025-editie van The Business Guardian.
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