Government Implements Tariff Relief Measures for Export-Oriented Industries

Finance Minister Nirmala Sitharaman announced a comprehensive strategy to mitigate the effects of the second phase of the U.S. tariffs, which will take effect on August 27, 2025. The government is working on a package designed to support industries significantly impacted by the tariffs. Specific measures include financial assistance and policy adjustments to aid exporters and ensure continued economic activity within these sectors. The objective is to minimize disruptions and foster continued growth.

Credits: The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.