29-March-2026
Economy News
 
Tariff cuts fail to revive US demand for Indian export; Policy uncertainty, Section 301 probe delay recovery in shrimp, textiles
28-Mar-2026

US demand for Indian exports remains weak despite significant tariff cuts, as policy uncertainty and geopolitical tensions weigh on consumer sentiment, industry executives said. Shipments of shrimp and textiles are yet to pick up due to inventories accumulated during the earlier 50% tariff regime and the ongoing Section 301 probe. Shrimp exports to the US fell 15% year-on-year in the April-December period, while textile shipments declined 16%.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/tariff-cuts-fail-to-revive-us-demand-for-indian-export-policy-uncertainty-section-301-probe-delay-recovery-in-shrimp-textiles/articleshow/129852876.cms