US Tariff Hike Hits Tiruppur Textiles, Rs 3,000 cr Loss: Stalin
28 Aug 2025 1:21 PM IST28 Aug 2025 1:21 PM IST
Tamil Nadu CM says 50% tariff on Indian imports has severely impacted exports and endangered thousands of jobs
Chief Minister M.K. Stalin said the US tariff hike has dealt a heavy blow to Tamil Nadu’s textile hub Tiruppur, causing an estimated Rs 3,000 crore trade impact and threatening livelihoods, urging the Centre for reforms and relief.
Chennai: Tamil Nadu Chief Minister M K Stalin on Thursday said the US tariff hike to 50 per cent on Indian imports has severely affected the state's exports, impacting about Rs 3,000 crore to Tiruppur's textile sector, besides putting thousands of jobs at risk.
He urged the Central government to introduce structural reforms to safeguard the domestic industries and workers. "The #USTariff hike to 50 % has hit Tamil Nadu's exports hard, especially #Tiruppur's textile hub, causing a trade impact of nearly Rs.3,000 crore and putting thousands of jobs at risk," the CM said in a post on 'X'.
He further said that he reiterated his demand to the union government for immediate relief and structural reforms to safeguard the industries and workers.
( Source : PTI )
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