Overview
- U.S. Customs and Border Protection confirmed the 50% surcharge on Indian goods took effect on August 27, covering entries for consumption from that date.
- Tamil Nadu warns of up to $3.93 billion in export losses with textiles hardest hit, and the state joins others in asking the Centre for liquidity support, duty and GST relief, and higher export incentives.
- Carpet exporters in Bhadohi report most goods on hold and production paused since the August 26 cutoff, with factories cutting staff by 60–70% and CEPC urging a cost‑sharing relief plan.
- Tea industry leaders say U.S.-bound shipments are likely to decline and seek measures including a minimum sustainable price, higher RoDTEP benefits, orthodox tea subsidies, and curbs on low‑quality imports.
- Handicraft exporters from Moradabad warn of a 25–30% drop in U.S. sales, $400–450 million in revenue losses, and risks to 200,000–250,000 jobs, while some brass traders expect limited sectoral impact due to domestic demand.