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Exporters seek Rs 750 cr to target US amid tariff threats

Exporters today sought Rs 750 crore to tap $25 billion export potential in the US, aiming to seize potential opportunities that may arise as President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting...

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New Delhi, Updated At : 08:35 AM Dec 27, 2024 IST

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Exporters today sought Rs 750 crore to tap $25 billion export potential in the US, aiming to seize potential opportunities that may arise as President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods.

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In its pre-Budget meeting with the Finance Ministry, Federation of Indian Export Organisations president Ashwani Kumar said, “A scheme to focus on the US with a corpus of Rs 250 crore per year for three years may be launched to generate additional exports of USD 25 billion.”

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