Textiles exporters face fresh trade uncertainty amid Trump's latest announcements

Jul 9, 2025 - 03:30
Textiles exporters face fresh trade uncertainty amid Trump's latest announcements

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New US tariffs have created market uncertainty, potentially benefiting Indian textile exporters over Bangladesh. However, concerns remain about competition from China and the need for government support. Industry seeks zero duty on key exports, hoping a trade deal with the US will improve competitiveness, especially in synthetic garments, despite existing cost disadvantages and capacity limitations.

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