The Economic Times

Potential US tariffs threaten India's textile, apparel exports after Russia sanctions law: CITI report

Potential US tariffs could significantly harm India's textile and apparel exports. The industry body CITI is urging the government to engage with Washington urgently. This action is needed to protect Indian exporters from competitive disadvantages in the US market. A balanced trade agreement between India and the US is considered an urgent necessity. While free trade agreements offer potential, they cannot replace the US market's importance.