‘Why Russian oil?’: Orders to US put on hold, cancelled overnight – Indian exporters recount ‘harrowing night’ after Trump’s 50% tariffs
‘Why Russian oil?’: Orders to US put on hold, cancelled overnight – Indian exporters recount ‘harrowing night’ after Trump’s 50% tariffs
US buyers are suspending and cancelling orders from Indian exporters due to President Trump's decision to raise tariffs on Indian goods to 50%. This sudden increase has led to price renegotiations, shipment halts, and order losses, particularly impacting garment, seafood, and jewelry sectors.
US buyers are suspending and cancelling orders from Indian exporters due to President Trump's decision to raise tariffs on Indian goods to 50%. This sudden increase has led to price renegotiations, shipment halts, and order losses, particularly impacting garment, seafood, and jewelry sectors.