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International Business Times
International Business Times
Business

India Exporters Cautiously Optimistic As US Tariff Deadline Looms

Some of India's most labour-intensive exports such as gems and jewellery are under threat from Donald Trump's tariffs (Credit: AFP)

Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump's punishing tariffs next week, though many hold out hope for a last-minute reprieve.

The US president's April 2 "Liberation Day" announcement of swingeing levies on dozens of key trading partners sent shockwaves through capitals before he announced a pause for negotiations, which ends next Wednesday.

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