impossible to absorb tariffs.<\/a><\/p>\n\u201cBuyers have instructed the factories to shipout whatever goods which are ready by 27th August while also asking to absorb a certain portion of the tariff which many have agreed to. But when the second 25 percent is announced for India, it is a huge blow as no one can absorb such a blow. This has put a hold on orders with buyer instructing no more shipment of orders after 27th August,\u201d Duraisamy said.<\/p>\n
Tamil Nadu Chief Minister MK Stalin has written to Prime Minister Narendra Modi seeking urgent intervention. \u201cIn the last financial year, while 20% of India\u2019s total goods exports of $433.6 billion were to the United States, 31% of Tamil Nadu\u2019s $52.1 billion goods exports went there. This higher dependency on the US market clearly implies that tariff impact on Tamil Nadu will be disproportionately greater than for most other Indian states,\u201d Stalin said.<\/p>\n
Highlighting that Tamil Nadu accounts for 28 percent of India\u2019s textile exports, Stalin warned that a tariff hike could endanger millions of livelihoods. \u201cEspecially, our textile sector employs nearly 75 lakh people and with a 25 percent tariff and a proposed 50 percent tariff, an estimated 30 lakh jobs are at immediate risk. To mitigate this crisis, it is essential to address structural issues that have long hindered our export competitiveness,\u201d he said.<\/p>\n
– Ends<\/p>\n
Published By: <\/p>\n
Akshat Trivedi<\/p>\n
Published On: <\/p>\n
Aug 16, 2025<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s knitwear capital has raised an SOS after US President Donald Trump imposed steep tariffs on Indian exports,…\n","protected":false},"author":2,"featured_media":72964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[37484,37483,37485,84,1294,37486,37478,37482,3720,37481,37480,37477,1186,56,54,55,37479],"class_list":["post-72963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-000-factories","tag-37483","tag-30-lakh-jobs","tag-business","tag-economy","tag-garment-industry-crisis","tag-knitwear-capital","tag-mk-stalin","tag-narendra-modi","tag-tamil-nadu","tag-textile-exports","tag-tiruppur","tag-trump-tariffs","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-us-imports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/72963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=72963"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/72963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/72964"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=72963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=72963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=72963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}