Saralnama
India's garment, gems, and shrimp export sectors face severe disruption as US President Donald Trump’s 50% tariffs on Indian goods take effect from August 27, 2025. In Tiruppur, a major textile hub, factories have slowed production and paused orders from US retailers due to the steep tariffs, which raise costs above those of competitors like China and Vietnam. The gems and jewelry industry, exporting $10 billion annually to the US, fears significant losses and job cuts, with diamond polishing units operating at reduced capacity. Shrimp exporters, reliant on the US market, report falling prices and reduced production. The tariffs, linked to India’s continued Russian oil imports, have led to halted trade talks and increased uncertainty. The Indian government has introduced measures such as suspending import duties on raw materials and is seeking new trade partnerships, but businesses remain anxious about competitiveness and future orders. The tariffs threaten millions of jobs across these sectors and could cause a shift of US buyers to other countries. (Updated 26 Aug 2025, 03:04 IST; source: link)