US-India tariff war: FIEO warns MSMEs could take major hit; 50% tariffs to affect 55% of shipments

Aug 7, 2025 - 00:30
US-India tariff war: FIEO warns MSMEs could take major hit; 50% tariffs to affect 55% of shipments

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Indian exporters face a major setback as the US imposes a steep 50% tariff on most Indian goods due to continued Russian oil purchases. The Federation of Indian Export Organisations (FIEO) expressed shock, highlighting that sectors like textiles and leather will be severely affected.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0