India’s Textile Sector Reels as US Imposes 50% Tariffs In recent times, the Indian textile sector has been facing a turbulent period as the United States, one of its major export markets, decided to impose a staggering 50% tariff on certain textile products. This move has sent shockwaves through the industry, with some apparel and […]
Why Tariffs Haven’t Led to Soaring Prices – Yet
Why Tariffs Haven’t Led to Soaring Prices – Yet The global economy has been under immense pressure due to various factors, including the ongoing trade war and the impact of the pandemic. One of the significant concerns for many industries, especially fashion brands, has been the imposition of tariffs on imports. While it is anticipated […]