Exporters in Crisis: India’s Plan to Fight Back Against U.S. Tariffs

India is planning to help its exporters who are facing big losses because the United States has increased taxes on Indian goods by up to 50%. This move is hurting important industries like textiles, jewelry, footwear, seafood, and chemicals, which sell a lot of products to the U.S. every year. Many businesses in cities like Tirupur, Surat, and Noida have already started cutting production and laying off workers due to these high tariffs. To support these exporters, the Indian government is preparing a relief package that may include help with loan payments, lower interest rates, and financial aid to keep factories running. The goal is to prevent further damage and save jobs in these key sectors.
At the same time, India has made it clear that it will continue buying discounted oil from Russia, despite U.S. objections. India says this decision is necessary to ensure energy security and support its economy. This stance shows that India is willing to stand up for its interests and will not accept unfair trade rules quietly. The government is working on finalizing the support plan soon to protect exporters, save jobs, and maintain India’s strength in global trade.