A large number of US orders have been cancelled!The factory is "stopped"!The 50% tarif
- Author:weiyun.com
- Source:weiyun.com
- Release Date:2025-08-29
On the 27th local time, the United States officially began to impose a 50% tariff on Indian products imported to the United States.According to CCTV News, some Indian exporters said that due to the impact of US government tariff measures, many American customers have canceled orders.As American customers gradually cancel orders, many factories are facing operational difficulties.
Trump signed an executive order on August 6, levied an additional 25% tariff on Indian products imported to the United States on the grounds that India "imports Russian oil through direct or indirect means."
It is reported that after the official take effect on August 27, except for electronic products such as Apple phones and pharmaceutical products, as well as pharmaceutical products, they will still enjoy tariff exemptions, other major Indian products exported to the United States will pay a heavy tax of 50%.
India mainly exports ready-to-wear, shrimp, gems and jewelry to the United States.According to data from the U.S. Department of Commerce, in 2024, the scale of trade in goods between the U.S. and India reached US$128.8 billion, of which India's exports to the U.S. reached US$87.3 billion.
Indian exporters warned that India's exports to the United States could fall by 20% to 30% from September.Among them, textile and clothing products are one of India's main exports to the United States, and will bring the most direct impact.Some Indian exporters said that due to the impact of US government tariff measures, many US customers have canceled orders.
Indian Exporter: Any orders we have from the United States are now invalid and the customer has told us to stop the previous order.A US customer told us to stop production until the tariff issue was resolved and we received an email on August 16.It's really bad now, we export products to other countries and produce products for local markets.Some factories started, however, many relied entirely on the US market and they stopped all their work.
Some orders were put on hold and some were cancelled, which caused instability in some factories and tariffs would have far-reaching impacts in the future.
The Indian Export Organization Federation said on the 26th that higher tariffs will put about 55% of goods imported from the United States at a "price disadvantage", thereby reducing their competitiveness in the US market. Among them, the cancellation of orders in labor-intensive industries such as leather, chemicals, and handicrafts is particularly serious, and a large number of workers are expected to lose their jobs. The organization called on the government to provide financial support to exporters.
In response to the high tariffs imposed by the United States, the Indian Foreign Ministry said in a statement: "We reiterate that these measures are unfair, unreasonable and unacceptable." The statement also stated that India will take all necessary actions to safeguard its national interests.
Trump signed an executive order on August 6, levied an additional 25% tariff on Indian products imported to the United States on the grounds that India "imports Russian oil through direct or indirect means."
It is reported that after the official take effect on August 27, except for electronic products such as Apple phones and pharmaceutical products, as well as pharmaceutical products, they will still enjoy tariff exemptions, other major Indian products exported to the United States will pay a heavy tax of 50%.
India mainly exports ready-to-wear, shrimp, gems and jewelry to the United States.According to data from the U.S. Department of Commerce, in 2024, the scale of trade in goods between the U.S. and India reached US$128.8 billion, of which India's exports to the U.S. reached US$87.3 billion.
Indian exporters warned that India's exports to the United States could fall by 20% to 30% from September.Among them, textile and clothing products are one of India's main exports to the United States, and will bring the most direct impact.Some Indian exporters said that due to the impact of US government tariff measures, many US customers have canceled orders.
Indian Exporter: Any orders we have from the United States are now invalid and the customer has told us to stop the previous order.A US customer told us to stop production until the tariff issue was resolved and we received an email on August 16.It's really bad now, we export products to other countries and produce products for local markets.Some factories started, however, many relied entirely on the US market and they stopped all their work.
Some orders were put on hold and some were cancelled, which caused instability in some factories and tariffs would have far-reaching impacts in the future.
The Indian Export Organization Federation said on the 26th that higher tariffs will put about 55% of goods imported from the United States at a "price disadvantage", thereby reducing their competitiveness in the US market. Among them, the cancellation of orders in labor-intensive industries such as leather, chemicals, and handicrafts is particularly serious, and a large number of workers are expected to lose their jobs. The organization called on the government to provide financial support to exporters.
In response to the high tariffs imposed by the United States, the Indian Foreign Ministry said in a statement: "We reiterate that these measures are unfair, unreasonable and unacceptable." The statement also stated that India will take all necessary actions to safeguard its national interests.