Tamil Nadu Appeals for Relief Amid US Tariff Concerns

Tamil Nadu Chief Minister M K Stalin has sounded the alarm over escalating US tariffs on Indian imports, fearing it could significantly impact the state's industry and employment landscape.

In a letter to Prime Minister Narendra Modi, Stalin requested a special financial relief package, emphasizing the looming threat to Tamil Nadu's export sectors due to potential tariff increases to 50%.

With Tamil Nadu's economy heavily reliant on US exports, the proposed tariffs could severely hit industries like textiles and machinery, risking massive job losses. Stalin has also urged for structural changes to bolster export competitiveness.

(With inputs from agencies.)