A 25% tariff on Indian textiles maybe a blow to India’s exports but that’s only half the story.
The latest trade move by Donald Trump could hit closer to home for American consumers. India is the third-largest supplier of apparel and home textiles to the U.S. after China and Vietnam. Both countries already face heavy tariffs from the US. Together, China, Vietnam, and India account for nearly 60% of American clothing imports.
So what happens when all three get taxed?
In this episode, we examine the possible ripple effects on American retailers, sustainable fashion, small brands along with the average Target shopper. Meanwhile, India isn’t sitting quietly. It’s already diversifying into Europe, Africa, and other regions.
Is this really about bringing back American jobs? Or will U.S. consumers be made to foot the bill?
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
If you are a student who wants to participate in The Ken's case build competition, or if you simply want to read the case, you can do that here:
What is Daybreak?
Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.
Hosted from The Ken’s newsroom by Snigdha Sharma and Rahel Philipose, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.