Inaugurating the International Kaleen Mela and the 4th Carpet Expo in Bhadohi — one of the country’s largest carpet exporters — Uttar Pradesh Chief Minister Yogi Adityanath Saturday assured the carpet entrepreneurs and exporters that that there is no need to fear tariffs imposed by the US.
Announcing the formation of a high-level government committee to monitor and address the impact of tariffs on the industry, he stated that if one country imposes tariffs, the government will open trade with 10 new countries.
He also said the government is considering forming a committee to incorporate entrepreneurs’ suggestions into policy decisions.
“The US has imposed tariffs, but that is just one country’s decision. We are moving rapidly toward free trade agreements with the UAE, UK, and other nati