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Relief to textile sector due to removal of American tariff

By yash chouhan 2026-02-03 11:49:35
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Trump’s Tariff Removal: Major Impacts on Indian Textiles


✅ Tariffs reduced — U.S. import duty on Indian goods (including textiles) cut to ~18% from higher levels (25–50%).


✅ Boost to exports — Indian textiles now more price-competitive in the U.S. market.


✅ Stock surge — Shares of Gokaldas Exports, KPR Mill, Welspun, and Trident jumped 10–20% after the announcement.


✅ Higher U.S. orders expected — Lower tariffs likely to revive demand and export volumes from American buyers.


✅ Industry relief — Textile associations say this move restores competitiveness and saves jobs in export hubs.


✅ Positive investor sentiment — The deal signals improved India-U.S. trade relations, boosting market confidence.

✅ Still not duty-free — Tariffs are lowered, not eliminated — India still faces competition from Bangladesh, Vietnam, and EU-FTA countries.

✅ Overall effect: Strongly positive — Expected to lift textile exports, profits, and employment in the coming quarters.


read more :- Boost to textile sector in Budget 2026, focus on cotton mission


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