US 10% tariff raises cost pressure on Indian apparel, leather and footwear exports: FIEO
FIEO says the new 10% US tariff will lift landed costs for Indian products, including textiles, garments, leather and footwear. It argues Indian exporters retain an edge over countries facing 12.5% duties, while many labour-intensive rivals face the same 10% levy.
FIEO says a new 10% US tariff will raise costs for Indian exports, including textiles, garments, leather and footwear, but India retains an advantage over countries facing 12.5% duties. Labour-intensive rivals largely face the same 10% levy.
Why this matters
FIEO’s tariff assessment follows a recent signal that US textile quotas may redirect Indian exporters’ input sourcing, adding trade-policy pressure across apparel supply chains.
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