
Opinion: US reciprocal tariffs impact on textile and garment sector – boon or bane?
The imposition of US tariffs presents both opportunities and challenges for the Indian textile industry. (AI image) By Paresh ParekhThe United States has imposed significant tariffs on textile imports from various countries, aiming to protect domestic industries and address trade imbalances. Under the Trump administration, around 27% reciprocal tariff was levied on Indian textile imports….