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The Economic Times

Global Business / The Economic Times

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US tariff cut to boost Indian carpet exports, benefit 2.5 million weavers: Council

Indian carpets will now face lower US tariffs, dropping from 50 percent to 18 percent. This significant reduction offers substantial relief to the nation's carpet industry. The move is expected to directly benefit approximately 2.5 million weavers. The Carpet Export Promotion Council expressed gratitude for the efforts leading to this positive development.

3 Feb 2026 9:44 pm