US Penal Tariffs on India: A Potential Relief and Its Implications for Panipat’s Yarn and Home Textile Exports

September 18 , 2025 ~ Chandan Munjal The recent statement by India’s Chief Economic Adviser V Anantha Nageswaran has sparked optimism in the trade community. Speaking at an event in Kolkata, he expressed confidence that the 25% penal tariff imposed by the US on Indian imports—part of a broader 50% tariff regime (25% reciprocal + […]