By Admin 
Nirmala sitharaman on us tarifs: A new challenge has arisen in front of the Indian industry due to US President Donald Trump imposing 50% tariffs on Indian products. The government is making a strategy at many levels about this. Union Finance Minister Nirmala Sitharaman met the delegation of exporters and assured that the government is standing firmly with him in this difficult time. He said that it is the priority of the government to remove the concerns of exporters.
Serious government on tariff
Federation of Indian Export Organizations (FIEO) S.C. The delegation led by Ralhan discussed the challenges related to the sudden increase in the US tariff with the Finance Minister. Ralhan said that high fees are having a direct impact on market access, competition capacity and employment generation. He demanded the government to take quick and planned policy steps.
Government standing firmly with exporters
The statement issued by Fio said that the Finance Minister has assured that the government is fully committed to solve all the problems of exporters. He said that the government will take all possible steps to protect the interests of the exporting community.
Sitharaman appealed to the industry to ensure security of employees despite global challenges. He also said that the government will give detailed support to exporters to maintain the speed of growth and India’s stability in international trade.
Which areas are the biggest impact
The most impact of this US fee, which came into effect from Wednesday, is expected to have the most impact on labor-dominated areas like shrimp, apparel, diamonds, shoes and shoes and jewelery. In these areas, pressure on both export and employment generation may increase.
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