No Indian products for now, say Amazon, Walmart, Target, Gap - News Summed Up

No Indian products for now, say Amazon, Walmart, Target, Gap


No Indian products for now, say Amazon, Walmart, Target, GapMajor US retailers including Walmart, Amazon, Target and Gap have suspended imports of apparel and textile products from India after President Donald Trump imposed a 50 percent tariff on Indian goods. NDTV Profit, citing industry sources, reported that Indian exporters have received letters and emails from American buyers instructing them to hold shipments of apparel and textile products until further notice. Major Indian exporters such as Welspun Living, Gokaldas Exports, Indo Count and Trident rely heavily on the US market, with 40 percent to 70 percent of their sales tied directly to American retailers. In the financial year ending March 2025, 28 percent of India’s total $36.61 of textile and garment exports went to the US. As the world’s sixth largest textile and garment exporter, India now fears losing orders to Bangladesh and Vietnam, which face a 20 percent tariff instead.


Source: bd News24 August 08, 2025 12:34 UTC



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