https://www.taxtmi.com/news?id=53781 The United States' 50 per cent tariffs on Indian goods will substantially reduce export competitiveness and threaten jobs in labour intensive sectors including shrimp, apparel, diamonds, leather and footwear, and gems and jewellery. The tariff escalation creates a significant duty disadvantage relative to competing manufacturing hubs, risks cascading disruptions across value chains and regional employment centres, and is estimated to affect the majority of India's exports to the US. Exporters seek government relief measures-credit moratoria, enhanced collateral free lending, expanded PLI schemes, infrastructure investment, and accelerated trade diversification-to mitigate immediate economic stress. en-us Wed, 27 Aug 2025 21:16:03 +0530 Wed, 27 Aug 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53781 The United States' 50 per cent tariffs on Indian goods will substantially reduce export competitiveness and threaten jobs in labour intensive sectors including shrimp, apparel, diamonds, leather and footwear, and gems and jewellery. The tariff escalation creates a significant duty disadvantage relative to competing manufacturing hubs, risks cascading disruptions across value chains and regional employment centres, and is estimated to affect the majority of India's exports to the US. Exporters seek government relief measures-credit moratoria, enhanced collateral free lending, expanded PLI schemes, infrastructure investment, and accelerated trade diversification-to mitigate immediate economic stress. News - Wed, 27 Aug 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=53781