Trump customs duties strike the clothing industry in India … and demands for American buyers to transfer production
& nbsp; Or Indonesia or Guatemala, according to the & quot; Yahoo Finance & quot; American Economic. American fees, which include 25%, are currently applied and an additional 25% will enter into force at the end of this August as a punishment for India to buy Russian oil, some American customers to suspend their orders from India, and major companies may be able to transfer their production abroad, but small and medium -sized companies that depend on local factories face great losses. Within the campaign & quot; made in India & quot; as some companies started studying manufacturing transfer to Nepal or Ethiopia, while others announced plans to expand abroad to preserve their share in the American market. Southern India, which is the country’s cotton clothing center center, which prevailed at the beginning of the year, with great concern, with some orders and other attempts to accelerate the shipment before the start of the application of additional fees, amid fears of a major market that constitutes a basic pillar of the Indian export sector. & nbsp;
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