The Economic Times

Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plans

US President Donald Trumps decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian exporters ahead of the crucial Christmas shipping season. However, businesses across textiles, gems and jewellery, and human hair products say they will continue diversifying export markets after last years tariff turmoil, even as the US remains a key destination for Indian goods.