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The Economic Times

Economy / The Economic Times

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Apparel exporters warn of job losses amid US tariff uncertainty

Indian apparel exporters face factory closures and job losses. Buyers are deferring or cancelling orders due to uncertainty over high US tariffs. The Apparel Export Promotion Council warns of permanent harm if a tariff deal is delayed. Exporters have absorbed significant price reductions, wiping out profits.

24 Jan 2026 12:45 am