Trump's 50% tariffs strike at Indian leather industries. (Photo source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed
India's leather and non leather footwear exports amounted to $4.4 billion between 2024-2025, out of which, $1 billion worth of exports were directed to the United States, but the sub-continent seems to be losing its domain to other countries such as Vietnam, China, Indonesia, Bangladesh, and Mexico, according to a TOI report.
This sudden turning of tides can be attributed to none other than the 50% tariffs slapped on India by the Trump administration. The impact of these punitive measures has been felt deeply by the tanneries in the Ambur region of Tamil Nadu's Periyavarigam village, where a minimum of 50 factories have been shut.
Half of Tam