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 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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