"Thousands of jobs threatened": Deprived of the American market, the Indian textile capital is banking on the EU
By Côme Bastin , special correspondent in Tiruppur
Published on Reading time: 3 min
A textile factory in Tiruppur, India. imageBROKER/dad fotos / MAXPPP
In southern India, Tiruppur's thousands of textile factories are on the front lines of the trade war with the United States. To circumvent 50% tariffs imposed by Washington, manufacturers want to redirect their exports to Europe. They are banking on a free trade agreement with the EU.
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I subscribeJobs related to sewing, packaging, and shipping clothes are three-quarters deserted. Three-quarters, like the share of business that has vanished from this textile workshop since Donald Trump imposed a 50% tax on Indian products on August 27. " 80% of our exports went to the United States, but all these contracts suddenly stopped ," laments Ponnusamy, owner of the company VPR Export. "American customers can't afford to pay these taxes. As for me, I make a 10% margin; it's impossible for me to compensate for them. "
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