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2d ago

Tamil Nadu Parties Escalate Pressure Over US Tariff Shock as AIADMK Seeks Loan Moratorium and SPA Sets Sept. 2 Tiruppur Protest

Leaders say a reported 50% US duty on knitwear exports threatens Tiruppur’s knitwear hub.

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Overview

  • The DMK-led Secular Progressive Alliance announced a mass protest in Tiruppur on September 2 to condemn the Union government’s handling of steep US tariffs on Indian knitwear.
  • Alliance statements cite exports worth nearly ₹3,000 crore at risk and warn that close to 30 lakh workers could lose their jobs, with the broader textile sector supporting over 75 lakh people in Tamil Nadu.
  • Chief Minister M. K. Stalin wrote to Prime Minister Narendra Modi on August 16 and again on August 28 seeking urgent intervention to protect exporters and workers.
  • AIADMK leader Edappadi K. Palaniswami urged the Prime Minister to grant a six‑month moratorium on loan repayments for textile units and called on the state government to sustain production.
  • Reports note no central relief has been announced in response to the tariff impact as alliance leaders press for tax support, export incentives, and talks with the US administration.