India will not be afraid of Trump's tariff, the government has made a master plan to help exporters -Trump tariff will not be afraid of Trump tariff. The government made a master plan to help export

The 26 percent mutual fee imposed by the US to India could affect $ 5.7 billion in the year 2025. This mainly includes fish and other sea products in James and jewelry taps. India’s small exporters perform paper board and related items in the US and perform the kitchen goods. Jagran Bureau, New -Delhi. The government could soon announce a financial package to prevent the impact on the execution of the Trump government’s statement of mutual fees. Exporters may receive financial aid to reduce the costs with the search for a new market. However, exporters also demand many other assistance along with release in interest rates. On Wednesday, Trade and Industry Minister Piyush Goyal also called a meeting of the Export Promotion Board of various sectors with the Federation of Indian Export Organizations (FIO). Since the announcement of mutual fees, the assessment of the impact on the government level has begun. ‘The government of India must talk to the US government’ According to exporters, they want the mutual fee to be postponed to the first phase of the Bilateral Trade Agreement (BTA) between the US and India. The government of India should speak to the government of America in this regard. If this cannot happen, India must make an agreement for the first phase of BTA within the next two months. Currently, the two countries expect an agreement on the first phase of BTA from the upcoming September-October. Exporters say it will be too late by then and that they will suffer great losses. Following the announcement of psychiatric fees, many countries in the world began negotiating with the Trump government to lower the fee and include the countries competing in the US market. Vietnam completely eliminated the fees imposed on the US commodity. Vietnam, who gave a difficult battle to India in the export of electronics, has completely ended the fees on the US item and is now requesting Vietnam the US to abolish the 46 percent fee. Exporters say India should take steps as early as possible, as uncertainty has stopped new orders from the US, and US shopping also refuses to deliver old orders. Buyers also demand price discount. The decision of Trump’s decision will affect small exporters. More exporters say that the government should compensate the buyer in case of exemption. President of the Federation of the Indian Export Organization (FIO) SC According to Ralhan, small exporters will be more affected by Trump’s decision. They can’t even give their buyer a price discount. Along with the new market, interest discount is also being sought. According to the Global Trade Research Incentive (GTRI), the 26 percent fee charged by the US could affect $ 5.7 billion in 2025 exports. It mainly contains fish and other marine products, jewelery and jewelry, steel items, carpets mainly. India’s small exporters perform paper, cardboard and related items, tools, catlary and kitchen stuff in the US. Also read: China will be destroyed by Trump’s tariff! Expert claims- GDP can drop by 2 percent, every latest news and accurate information in the country and the world, every moment on your phone! Download now- Jagran app