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Bangladesh Apparel Sector Faces $1 Billion Blow After Airport Cargo Fire
Garment exporters in Bangladesh are bracing for losses of up to USD 1 billion following a massive fire that tore through the cargo complex at Dhaka's Hazrat Shahjalal International Airport, just as the industry enters its busiest export season
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EU Cites Trade Deal Immunity As Trump Hits Pharma With 100% Tariff
US President Donald Trump's announcement of steep new tariffs on medicines and other goods drew pushback from some allies on Friday, with the EU claiming immunity for its pharmaceutical industry under an earlier trade deal.
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US Tariffs To Hit Nearly Quarter Of India's Textile Exports In Next 6 Months: Experts
As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next 6 months.
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Coimbatore's Textile, MSME Sector Seek Relief After US Tariff Hike, Cite Covid
The MSME and textile industry in Tamil Nadu's Tirupur and Coimbatore could face a wipeout, with the 50 per cent tariff imposed by Donald Trump kicking in.
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Exporters' Body Calls For Loans, Short-Term Relief As Trump Tariffs Bite
The Federation of Indian Export Organisations has called for 'swift, coordinated action between industry bodies and government agencies to protect livelihoods (and) reinforce global trade links' to offset the impact of Trump's 50 per cent tariff.
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Expand Export Markets, Boost Local Demand: India's Plan For Trump Tariffs
Faced with the United States' 50 per cent tariff on exports, India has reached out to dozens of nations to up trade in key sectors like textiles and chemicals. The goal - offset a potential $48 billion loss in export of goods and services to the US.
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Indias Tyre Sector Expected to Grow 7-8% This Fiscal
Driven by strong replacement demand and festive season boost, India's tyre industry is projected to grow 7-8% this fiscal despite muted OEM offtake and export headwinds.
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Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
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Amid US Tariffs, India Suspends Cotton Import Duties Temporarily To Aid Textile Sector
India has exempted import duties on cotton from August 19 to September 30, fulfilling the demand of industry groups who said exemptions would help make the sector more competitive.
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Rs 1.5 Lakh Crore Milestone: Inside India's Defence Manufacturing Surge
India recently achieved a breakthrough in its defence manufacturing capabilities, registering a record-high production value of Rs 1,50,590 crore in 2024-25. This represents an 18% growth over the previous year's Rs 1.27 lakh crore.
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Any Tariff On Pharma Will Hit India, As 40% Exports Go To US: Report
Imposing tariffs on the pharmaceutical Industry will significantly impact the earnings of Indian pharma companies, as nearly 40 per cent of India's total pharma exports are directed to the US market, according to a report by SBI Research.
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US Retailers Weigh Options As Donald Trump Doubles India Tariff To 50%
The US is the largest export destination for India's textile and apparel industry.
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Leather, Gems, Jewellery Among Key Sectors Hit Hard By 50% US Tariff
Domestic export sectors such as leather, chemicals, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts.
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Trump Raises Tariffs To 50%: What It Means For India
US President Donald Trump today announced an additional 25 per cent tariff on goods coming from India as penalty for what he called New Delhi's continued buying of Russian oil.
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Swiss Luxury Faces Skyrocketing Prices As Trump's 39% Tariffs Kick In
Prices for the eponymous Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of US President Donald Trump's trade war.
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Bangladesh Apparel Sector Faces $1 Billion Blow After Airport Cargo Fire
Garment exporters in Bangladesh are bracing for losses of up to USD 1 billion following a massive fire that tore through the cargo complex at Dhaka's Hazrat Shahjalal International Airport, just as the industry enters its busiest export season
-
EU Cites Trade Deal Immunity As Trump Hits Pharma With 100% Tariff
US President Donald Trump's announcement of steep new tariffs on medicines and other goods drew pushback from some allies on Friday, with the EU claiming immunity for its pharmaceutical industry under an earlier trade deal.
-
US Tariffs To Hit Nearly Quarter Of India's Textile Exports In Next 6 Months: Experts
As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next 6 months.
-
Coimbatore's Textile, MSME Sector Seek Relief After US Tariff Hike, Cite Covid
The MSME and textile industry in Tamil Nadu's Tirupur and Coimbatore could face a wipeout, with the 50 per cent tariff imposed by Donald Trump kicking in.
-
Exporters' Body Calls For Loans, Short-Term Relief As Trump Tariffs Bite
The Federation of Indian Export Organisations has called for 'swift, coordinated action between industry bodies and government agencies to protect livelihoods (and) reinforce global trade links' to offset the impact of Trump's 50 per cent tariff.
-
Expand Export Markets, Boost Local Demand: India's Plan For Trump Tariffs
Faced with the United States' 50 per cent tariff on exports, India has reached out to dozens of nations to up trade in key sectors like textiles and chemicals. The goal - offset a potential $48 billion loss in export of goods and services to the US.
-
Indias Tyre Sector Expected to Grow 7-8% This Fiscal
Driven by strong replacement demand and festive season boost, India's tyre industry is projected to grow 7-8% this fiscal despite muted OEM offtake and export headwinds.
-
Centre Makes Raw Cotton Import Duty-Free Till September 30 To Support Textile Sector
The Centre has temporarily scrapped the 11% duty on raw cotton imports until September 30, seeking to cool prices and ease cost pressures on the textile industry at a time when exporters face mounting tariff barriers abroad.
-
Amid US Tariffs, India Suspends Cotton Import Duties Temporarily To Aid Textile Sector
India has exempted import duties on cotton from August 19 to September 30, fulfilling the demand of industry groups who said exemptions would help make the sector more competitive.
-
Rs 1.5 Lakh Crore Milestone: Inside India's Defence Manufacturing Surge
India recently achieved a breakthrough in its defence manufacturing capabilities, registering a record-high production value of Rs 1,50,590 crore in 2024-25. This represents an 18% growth over the previous year's Rs 1.27 lakh crore.
-
Any Tariff On Pharma Will Hit India, As 40% Exports Go To US: Report
Imposing tariffs on the pharmaceutical Industry will significantly impact the earnings of Indian pharma companies, as nearly 40 per cent of India's total pharma exports are directed to the US market, according to a report by SBI Research.
-
US Retailers Weigh Options As Donald Trump Doubles India Tariff To 50%
The US is the largest export destination for India's textile and apparel industry.
-
Leather, Gems, Jewellery Among Key Sectors Hit Hard By 50% US Tariff
Domestic export sectors such as leather, chemicals, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts.
-
Trump Raises Tariffs To 50%: What It Means For India
US President Donald Trump today announced an additional 25 per cent tariff on goods coming from India as penalty for what he called New Delhi's continued buying of Russian oil.
-
Swiss Luxury Faces Skyrocketing Prices As Trump's 39% Tariffs Kick In
Prices for the eponymous Swiss watches, Swiss chocolate and Swiss cheese could skyrocket in a week as a result of US President Donald Trump's trade war.
