Textile importers based in the US are reaching out to Indian exporters, asking them to bear the costs that may emanate from the US tariffs going forward, two industry executives told ANI.
The US crackdown on low-value Chinese e-commerce shipments has opened a rare and potentially lucrative window for Indian exporters, said GTRI in a report.
Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.
During the meeting, participants spoke about the options for establishing and operating the exchange and mechanisms for interacting with trading platforms, producers, and grain exporters.
Union Minister Piyush Goyal met with Export Promotion Councils and industry bodies in New Delhi to discuss the evolving trade scenario. He lauded exporters for their record performance and assured continued government support in navigating global trade challenges.
The United States Trade Representative has spotlighted 10 trade practices faced by American exporters they deemed "unfair", including India's ban on US ethanol imports.
US tariffs provide Indian exporters with a competitive advantage over rival nations, said SC Ralhan, the President of the Federation of Indian Export Organisations (FIEO), adding that the movement is 'quite favourable'.
As the US President, Donald Trump, mandates a 27 per cent tariff on Indian goods to his country, the economists and economy watchers have opined that exporters will face relatively less trouble, as amongst major EMs in Asia, tariffs on India is the lowest, barring the Philippines.
Indian textiles, engineering goods, electronics, and gems & jewellery sector exporters are expected to hit hardest by the tariffs announced by Donald Trump, said Ajay Bagga, a banking and international stocks expert, in an exclusive conversation with ANI.
Mumbai (Maharashtra) [India], March 31: BRISKPE, India's pioneering cross-border payments platform powering the global ambitions of Indian exporters, freelancers, and service providers, has earned ISO 27001:2022 and SOC 2 Type 2 certifications -- two of the most stringent and globally rec
Trading partners of the US, particularly those emerging market economies where the tariff rates faced by US exporters exceed those charged on US imports, are at risk due to the Trump administration's impending reciprocity plans, Fitch Ratings said in a report.
New Delhi [India], March 28: In a bold initiative to make global trade accessible to Indian businesses, AAIE.in (All About Import Export) is emerging as a game-changing platform in export education. Founded by real exporters--not theorists--AAIE.in is the brainchild of Rishab Goyal, a second