US tariff surge: Implications for top textile exporting nations
US has imposed a universal 10 per cent import tariff from April 5, with additional country-specific tariffs from April 9. Tariff impact on textile trade and exporting nations will be noteworthy, especially on Vietnam, China and India, which face steep hikes. While Mexico and Canada benefit from USMCA protection, Türkiye and Germany may seize opportunities in premium segments.
US has imposed a universal 10 per cent import tariff from April 5, with additional country-specific tariffs from April 9.
Tariff impact on textile trade and exporting nations will be noteworthy, especially on Vietnam, China and India, which face steep hikes.
While Mexico and Canada benefit from USMCA protection, Türkiye and Germany may seize opportunities in premium segments.
