Punjab’s Export Engine Stalls: US Tariffs Hit Hard
The imposition of a 50% tariff by the United States on Indian goods has dealt a significant blow to Punjab’s export-oriented industries. The move, effective August 27, 2025, has sent shockwaves through key sectors.
Textile manufacturers, auto part suppliers, leather goods producers, and basmati rice exporters are facing drastically reduced demand. This translates to shrinking profit margins and the looming threat of widespread job losses.
Several businesses report a sharp decline in orders from the US market, their primary export destination. Many are now exploring alternative markets in Southeast Asia and the Middle East.
The crisis has prompted urgent calls for government intervention. Exporters are demanding policy support, including financial aid and assistance in diversifying export markets. The long-term impact on Punjab’s economy remains a significant concern.
This situation underscores the vulnerability of Indian exporters to protectionist measures from major trading partners. The government’s response will be crucial in mitigating the damage and safeguarding the livelihoods of thousands of Punjab’s workers.
