‘We’re scared of losing our jobs’: industries in India fear impact of Trump’s 50% tariffs

Textiles, footwear, jewellery, gems and seafood are sectors most affected in trade with US, India’s biggest marketIndia has long been one of the world’s great garment houses, turning out everything from cheap T-shirts to intricate embroidery. Last year, textile and garment exports to the US alone fetched £21bn, riding a wave of strong consumer demand.Now the trade is in jeopardy. With the stroke of a pen, the US president, Donald Trump, last week slapped a 50% tariff on more than half of India’s £65bn worth of merchandise exports to the country’s largest market. A supply chain once prized for being cheap suddenly became among the priciest. Continue reading...

Comments

Business News

Healey launches defence growth deals in bid to boost UK jobs and industry

Evening Standard

Share tips to beat Rachel Reeves's latest tax raid: MIDAS reveals how buying these brilliantly cheap stocks can help you avoid inheritance trap

about 7 hours ago

My mom lives with me, my husband, and our 10 kids. My family loves multigenerational living.

insider

Comments

Similar News

‘They’re toxic but popular’: businesses wary as they head to Reform’s party conference

A16z partner says software engineers spent decades disrupting industries. Now, they're the 'disrupted.'

Taylor Swift re-wears iconic ‘T’ thigh chain as a necklace as she leads autumn jewellery trend

Job expert says 'step back' when you're asked this one question at interview

Don't say sorry - the six things you should do if you're in a car accident

Hybrid work is still going strong &mdash; unless you're a federal worker

I met my partner while on a solo trip in Europe. Now we're traveling the world together and navigating a long-distance relationship.

Pregnant or a new mum? How to cut costs when you’re expecting a baby

Ford dumps Crown Royal bottle in protest of plant closure: ‘They’re hurting Ontario’

After 17 Seasons Team Penske Will Not Re-Sign IndyCar Great Will Power

Seattle Mariners Great Ken Griffey Jr. On Advice To Julio Rodriguez: ‘You’re Not Me, Go Out There And Be You’

Parents urged to check if they're eligible for up to £200 school uniform support

US companies doing business in China say they’re staying put despite tariffs: ‘We’re trapped’

UK supermarket is testing new AI trolleys that keep track of what you're buying

‘Jaws’ Re-Release Beats Newcomers At Box Office—As ‘Weapons’ Returns To No. 1

Benedict Cumberbatch and Tony McNamara On ‘The Roses’: ‘They’re Trapped In Weaponized Banter’

The good news is, you’re owed a tax refund. The bad news? It’s a scam

Trick to boost your pay packet if you're at risk of losing your job

John Malone Helped Create the Modern Media Industry. He’s Not Sure We’re Better Off.

'AI slop' videos may be annoying, but they're racking up views — and ad money

Business News

Healey launches defence growth deals in bid to boost UK jobs and industry

Noche UFC 2025: Lopes Vs. Silva Full Fight Card

Max Verstappen Delivers A Monza Masterclass Winning F1 Italian GP

Show And Tell: Why Third-Party Testing And Acceptance Is The Way

Stray Kids Score The Second-Largest Sales Week Of 2025 In America

Stellify Makes A Statement At Kentucky Downs

Naoya Inoue Vs. Murodjon Akhmadaliev Full Fight Card

Before Venezuela Incident, U.S.-Made Fighters Faced Off In Middle East

Donald Trump Receives Boos While Attending US Open Men’s Final (Photos)

Unite boss Sharon Graham criticises Starmer and Labour as she warns party's key backer may end support

Top White House economic advisor Kevin Hassett says Fed needs full independence from Trump

The 2025 Tokyo World Championships: Everything You Need To Know

Elvis Costello Talks Bob Dylan And Performs Songs At N.Y.C. Film Screening

What’s Next For ‘Dexter: Resurrection’ After Season 1?

Rosé’s Latest Collaboration Continues To Climb At Pop Radio

A Huge Google Change Coming ‘Soon’ Should Terrify News Publishers

Donald Trump Attends U.S. Open Final As A Guest Of Rolex—Despite Switzerland Tariffs (Photos)

What Time Do The 2025 MTV VMAs Start? Here’s Everything To Know

Lacking A Case Against Google, The Courts Saved Antitrust From Itself

‘KPop Demon Hunters’ Makes History As ‘Golden’ Joins BTS And ‘Baby Shark’

‘My Life With The Walter Boys’: An Addictive Mix Of Teen Angst

Staveley forced to clarify Spurs bid intention after Levy exit

Travel disruption for Tube passengers because of strikes

Travel disruption for Tube passengers because of strikes

City landmark panel to decide on fate of dilapidated UWS church

The Pilot Of That Famous Plane Wreck In Iceland Returns After 50 Years

Jannik Sinner Injury Update Before US Open Final Vs. Carlos Alcaraz

Who’s Performing At The 2025 MTV VMAs? Here’s The Full Lineup Of Artists

Tom Homan Says Trump’s ‘Apocalypse Now’ Post Directed At Chicago Was ‘Taken Out Of Context’

Fresh OPEC+ Output Hike Marks Return Of 1.66 Million Oil Barrels A Day

Is The U.S. Headed For A Power Grid Crisis?

What Time Does MTV VMAs Red Carpet Pre-Show Begin? How To Watch

Hyundai has for decades poured billions into America's South. Then ICE rattled its biggest US project yet.

Postal traffic to US drops more than 80% after trade exemption rule ends, UN agency says

TUC urges government to deliver employment rights bill 'in full'

‘The Conjuring: Last Rites’ Sets a Surprise Box Office Record

What Time Is The 2025 US Open Men’s Final? How To Watch Sinner Vs. Alcaraz For Free

How Jimmie Johnson Is Redefining Sponsorship Inside NASCAR’s Infield

How To Watch The 2025 MTV Video Music Awards On Cable, Streaming And For Free

How States Should Respond To The Atrocities Against The Hazara?

New Study: Low-Dose Radiation Not As Harmful As Previously Believed

Brooks Koepka’s Struggles Continue At Irish Open.

The Fed As A Source Of Economic Growth Is A Monstrous Delusion

Vinted users prepare for frustrating change which some say is 'not fair'

Share tips to beat Rachel Reeves's latest tax raid: MIDAS reveals how buying these brilliantly cheap stocks can help you avoid inheritance trap

My mom lives with me, my husband, and our 10 kids. My family loves multigenerational living.

Oil Producers Announce New Increase in Output

One Of The Weeknd’s Earliest Hit Songs Is Back

Two Winners Will Split Second-Largest Powerball Jackpot In History

Billie Eilish Has Finally Been Dethroned

Immigration Has Declined, But No Evidence U.S. Workers Are Better Off

'Party house' with cinema, dance floor and bar hits the market

I ate at 3 Gordon Ramsay restaurants and ranked them on food, value, and overall experience

I've been to dozens of weddings, from backyard parties to high-end celebrations. Only 3 things really matter to guests.

Unions urge Government not to water down workers’ rights Bill

Travel disruption for Tube passengers because of strikes

Travel disruption for Tube passengers because of strikes

Hybrid work is still going strong — unless you're a federal worker