Trump Tariff India: Bhagalpur's Sy Industry, Crores or Well that is trapped in the grip of the US Tariff - Trump Tariff News Donald Trump Tarifs News Live Updates as Bhagalpur Silk Trade in Trule where the World Wrth Crotuck Tarup top stories
Trump tariff India The US tariff has created a crisis on the side trade of Bhagalpur. Crores of goods are stuck due to the state of indecision. Currently, large exporters have pulled their hands to solve orders. At the same time, new orders are also not available. Bhagalpuri clothing prepared ready -made garments and objects in the US. Parimal Singh, Bhagalpur. Trump Tariff updates Bhagalpur’s side business was once again hit by the international crisis. The exporter (businessman) here is in trouble after the US government imposed 50 percent tariff on clothing. The situation is that the finished goods worth ruppies dump in the warehouses. Large exporters also drew their hands to lift the given orders. Remove ad, just read the news Alim Ansari, former member of Bihar Weavers Welfare Committee, says clothes like Tasar Katia, Katia-Katiya, Matka, Ghichcha, Jhudi Silk, etc. To America. These clothes are used in readiness and furniture. He said the market had become expensive because of rates in America. Therefore, the question has diminished. Old orders have been stopped. He claims that a completed goods worth Rs 75 crore in the district. Matka Silk Export said the chairman of the Purani Weaver Committee, Afzal Alam, that the furniture of Matka Silk of Bhagalpur in America was well held. But no consignment has passed over the past one month. Afzal said that the artisans associated with staining, pressure and packaging, due to the closure of the US demand, also reached the point of unemployment. At the same time, Silk businessman Sukesh Aggarwal, which is located in the new market, said that the sale of wire suddenly decreased. The business is slow. After Bangladesh, now the damage to America, Hemant Kumar of Champanagar Tanti Bazaar said that the past few months have been very difficult for weavers. The weavers here have been associated with this business for generations, but the current situation has put their future in crisis. Sarees, Lungi, Dhoti etc. Has already been dumped as a result of the Bangladesh border. Now America’s tariff has put the side industry in crisis. He said Bhagalpur exporters also face this crisis. According to him, the investment of Lakhs of Rupees was captured because the order was canceled. Many exporters are now considering reducing the number of laborers. Hemant said that on one side the price of wire rises, while the price of clothing has begun to fall here. In such a situation, the weavers are now forced to think that they must find another service except this profession. Alim Ansari said, the identity of Bhagalpur is she. If this business is destroyed, the pride of Bhagalpur will be at risk. Due to the tariff, a life crisis arose in front of many weavers families. Ca Pradeep Kumar Jhunjhunwala, an impact on the drug, diamond and craft industry, says the US that applies tariff is also likely to affect the drug, diamond and craft industry. 50 percent of the medicine produced in the country goes to America. The diamond here is exported 75 percent to the US and crafts 64 percent.