Indian Textile Industry Faces Production Halt Following Trump's Tariff Hike

Textile and apparel manufacturers in Tirupur, Noida, and Surat have ceased production just hours after former US President Donald Trump imposed a 25% tariff on Indian exports, bringing the total tariffs to 50%. This significant increase makes Indian products less competitive in the global market. The Federation of Indian Export Organisations (FIEO) reported that the textile sector is struggling against lower-cost rivals from Vietnam and Bangladesh. Additionally, the US market accounts for nearly 40% of Indian seafood exports, with the tariff increase threatening stockpile losses, supply chain disruptions, and distress for farmers. Approximately 55% of goods destined for the US, valued at $47–48 billion, now face a 30–35% pricing disadvantage compared to competitors from China, Vietnam, Cambodia, and other regional economies.