Jörg Jelinnek
August 6, 2025Advertisement
Millions of jobs in India's garment and footwear sectors are at risk as US tariffs on Indian exports soar. Neighboring countries enjoy reduced duties, making India less competitive. The anticipated US-India free trade deal has stalled, and tensions have grown over India's continued oil imports from Russia. With exports to the US making up half of production for firms like Farida Group, the impact could be severe — threatening both economic stability and diplomatic ties.