Major US retailers including Amazon, Walmart, Target, and Gap have halted apparel and textile orders from India after President Trump doubled tariffs to 50%, citing India’s oil imports from Russia. Exporters report receiving notices to stop shipments, as buyers refuse to share the added costs. Analysts warn this could cut US-bound orders by up to 50%, causing losses of $4–5 billion. Indian companies heavily reliant on the US market may suffer, and India fears losing business to competitors like Bangladesh.
U.S. President Donald Trump has doubled tariffs on Indian goods to 50%, prompting major American retailers to halt orders from India, according to a report by NDTV.
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