US orders for Indian goods dry up before Trump's tariff 'Liberation Day'

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US orders for Indian goods dry up before Trump's tariff 'Liberation Day' - Business Standard

Quick Summary:

Aside from air cargo, shipments transported by sea arriving after April 2 are likely to be subject to the new tariffs, compounding the uncertainty.

While some buyers are urging exporters to pause shipments, industry leaders say there is no immediate risk of large-scale order cancellations.

All these details need to be looked into, and a call will be taken accordingly,” said Sahai.“Buyers have requested exporters to limit shipment volumes for previously placed orders,” he pointed out.