FIEO President, S C Ralhan's comment on USA's additional 25 percent tariff on India
City Air News
Aug 7, 2025 08:31
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Ludhiana, August 07, 2025: “This move is a severe setback for Indian exports, with nearly 55% of our shipments to the US market directly affected. The 50% reciprocal tariff effectively imposes a cost burden, placing our exporters at a 30–35% competitive disadvantage compared to peers from countries with lesser reciprocal tariff, said S C Ralhan, President, FIEO.
Ralhan also added that many export orders have already been put on hold as buyers reassess sourcing decisions in light of higher landed costs. For a large number of MSME-led sectors, absorbing this sudden cost escalation is simply not viable. Margins are already thin, and this additional blow could force exporters to lose long-standing clients, further added Ralhan.
