India garment makers rethink reliance on US after tariff shock
AI Summary
Indian garment exporters are reconsidering their reliance on the US market amid uncertainty over tariffs. Higher shipping costs and buyers’ demands for discounts are also squeezing margins.
Exporters said US tariff uncertainty, higher shipping costs and discount demands have squeezed margins.
Politics Markets Commodities Shipping India garment exports US tariffs trade uncertainty shipping costs export margins