Related Keywords: China, clothes, Garments, India, Textile, United States
The USA has hiked additional tariff to 25% on US$ 200 billion imports from China, which is an opportunity for the Indian textiles industry, said CITI chairman Sanjay K Jain.
He stated that due to the ongoing trade war between the United States of America (USA) and China, the USA has hiked additional tariff to 25% on US$ 200 billion imports from China, applicable from 10th May 2019.
He further stated that the additional tariff hike covers Textile Chapters: 50-60.