Nevertheless, certain quantities of textile and apparel exports from Bangladesh, Cambodia, Indonesia, and Malaysia using US-origin cotton and fiber are exempt from this new duty, as explained by the Global Trade Research Initiative, a think tank based in New Delhi, on Friday (July 24).
While Indian exporters face a loss of competitive advantage, there is no additional tariff burden on textile exporters in India to the US, who have already been subject to a 10% added duty since February following the US Supreme Court’s annulment of the levies imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA).
| INDIAN EXPORTS TO THE US | 2025 | Jan-May 2026 |
| OTHER MADE UP TEXTILE ARTICLES; SETS; WORN CLOTHING AND WORN TEXTILE ARTICLES; RAGS | $2.8 bn | $1.05 bn |
| CARPETS AND OTHER TEXTILE FLOOR COVERINGS. | $1.1 bn | $472 mn |
| IMPREGNATED, COATED, COVERED OR LAMINATED TEXTILE FABRICS; TEXTILE ARTICLES OF A KIND SUITABLE FOR INDUSTRIAL USE. | $179 mn | $66.3 mn |
| OTHER VEGETABLE TEXTILE FIBRES; PAPER YARN AND WOVEN FABRICS OF PAPER YARN. | $101 mn | $45 mn |
| SPECIAL WOVEN FABRICS; TUFTED TEXTILE FABRICS; LACE; TAPESTRIES; TRIMMINGS; EMBROIDERY. | $46.6 mn | $21.5 mn |
| ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, NOT KNITTED OR CROCHETED. | $2.7 bn | $1.08 bn |
| ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, KNITTED OR CROCHETED. | $2.6 bn | $1.05 bn |
| TOTAL | $9.9 bn | $4.9 bn |
Between August 2025 and the US Supreme Court’s ruling in February, a large portion of manufactured goods, including engineering products, textiles, chemicals, machinery, plastics, leather, furniture, gems, and jewelry, encountered a 50% tariff on top of the applicable rates for countries in America’s Most Favoured Nation (MFN) list.
Most textile stocks saw a decline in early trading on Friday morning after the announcement of new tariff rates by the Trump administration.
Share prices as at 10:30 am on July 24.
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(Edited by : Sriram Iyer)
First Published: Jul 24, 2026 10:46 AM IST
