Can India’s Factories Survive America’s Tariff War?
In Focus by The Hindu
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Navigating Tariff Woes: India's MSMEs Under Pressure
This chapter explores the adverse effects of tariff wars on India's micro, small, and medium enterprises, particularly in the engineering sector. With 70% of exporters feeling the heat from increased tariffs, personal anecdotes and economic analysis reveal the challenges and adaptability of businesses as they seek to maintain relationships with American buyers. It also highlights the urgency for government support and potential solutions to help exporters navigate a transformed trade landscape.
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