Explainer: Trump’s 50% tariff jolts Panipat’s textile exporters
Exports were already hit by Russia-Ukraine war
Panipat, Updated At : 12:00 PM Aug 09, 2025 IST
Already reeling from a downturn in export business over the past three years, the announcement by United States (US) President Donald Trump of a 50 per cent tariff on Indian goods has further heightened tensions in Panipat — the city internationally renowned as India’s ‘Textile City’. Exports were already impacted by the Russia-Ukraine war, inflation across European and South American markets, rising freight charges and increasing delivery timelines. Now, the imposition of a 50 per cent tariff on goods from India is expected to deal a severe blow to Panipat’s export industry.
