India Seeks Relief from Trump Tariffs to Boost Export Sectors

The Indian government is actively working on measures to shield exporters in industries such as textiles and chemicals from the economic blow of the new U.S. tariffs, an official revealed on Monday.

In response to President Donald Trump's decision to enforce a hefty 25% import duty on Indian goods starting August 7, the commerce ministry has initiated discussions with various export sectors.

These include sectors like steel, food processing, and agriculture to identify and address potential challenges posed by the tariffs. Exporters are urging the government for fiscal incentives and support for exploring new markets as they navigate these challenges.

(With inputs from agencies.)