24 Dec 2025, Wed

Fear of loss of profit to job … Trump’s tariff can cause destruction in these sectors of the country

Us tariff on india: The US has imposed a huge tariff of 50 percent on India from today. Earlier, a base tariff of 25 percent was installed. After this, a tariff of extra 25 percent was imposed as a penalty to buy oil from Russia. That is, a total of 50 percent. That is, now 50 percent tariffs will be charged on goods imported from India in America. This decree of US President Trump will damage labor, gems and jewelery, shrimp, carpet, furniture and handicrafts, which is largely dependent on the US market.

Market experts have warned that India’s total exports to the US in 2025-26 may decline by 40-45 percent over the previous year. The Global Trade Research Initiative (GTRI) estimates that Indian exports to the US can decrease from US $ 87 billion to about $ 49.6 billion to about $ 49.6 billion.

Danger on textile sector

India’s textile industry sends about one-third of its exports to the US. In such a situation, due to high American tariff, it is expected to cause heavy losses. Due to the high tariffs, Indian products will become more expensive than other rivals like Vietnam, Bangladesh and Cambodia. People associated with the country’s textile industry have demanded a temporary ban on loan repayment to immediately prevent immediate cash assistance and wide employment loss.

Sea exports

Large scale shrimp is sent from India to America. India, the largest exporter of the shrimp, earn almost half of its income from the US. In such a situation, sea exports will also come under the grip of tariffs. Tariff will reduce 50 percent profits and there may be a huge decline in exports. Now, since thousands of people are involved in shrimp rearing and processing, experts are afraid of ending large -scale jobs in coastal states.

This industry of the country under pressure

India’s James and Jewelery Exotters are also under pressure these days due to the tariff imposed by Trump. America is their largest market, where about 10 billion US dollars are sold. This is about 30 percent of the global trade of this industry. With the implementation of 50 percent tariffs, Indian jewelery can be very expensive for American buyers, which can threaten thousands of jobs in polishing and manufacturing units. Exoters have urged the government to start a special scheme to compensate this additional cost.

Countries will get profits

Apart from these, industries like carpets, furniture, home textile are also under threat, which earns 60-70 percent of its earnings through exporting and America is their biggest buyer. All these things will also be expensive with tariffs, which will give buyers less, demand will reduce and Bharat Exotters will be damaged. At the same time, on the other hand, Vietnam, Bangladesh, China and even Pakistan will benefit from this because tariffs on them are much less than in India. In such a situation, people in America can give priority to their products at a low rate.

Also read:

Trump killed 50% tariff on India, an ax on himself, now US Lanka is going to take place! This report has come

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *