ANI
27 Aug 2025, 13:04 GMT+10
Kanpur (Uttar Pradesh) [India], August 27 (ANI): As the US 50 per cent tariff on Indian imports comes into effect from Wednesday, leather businessmen from Kanpur expressed disappointment over the decision.
Shamim Azad, a leather exporter, stated that the United Kingdom is currently experiencing a recession and he had some work in the US, but it has completely 'flopped' at present. He mentioned that the US customers have asked them to put the orders on hold due to the tariffs.
'It will be implemented from today. The UK is going through a recession, and we had some work in the US that also flopped. Customers asked us to cancel the orders we had already placed. Our US customer said that there will be no production until a decision is taken on tariff. The situation is very bad at this time,' he said.
Another leather exporter, Wasim, mentioned that he hoped for a solution to the matter by citing China's example; however, in the present time, the situation has worsened.
'The day this announcement was made, a 25% tariff was imposed and it increased by another 25%. Since then, all our customers have been put on hold. We were waiting for 26-27 so that there is a solution to this. 100% tariff was imposed on China as well but the people there hesitated and the matter was resolved and the work was done. We thought it would reduce here as well. Now the situation seems to be getting worse and we don't understand what to do,' he said.
The 50 per cent tariffs on imports from India to the United States came into effect on Wednesday. This follows the draft notice published by the U.S. Customs and Border Protection (CBP) that stated that the order would come in effect from August 27.
According to the notice, the additional duties are being imposed to give effect to the President's Executive Order 14329 of August 6, 2025, titled 'Addressing Threats to the United States by the Government of the Russian Federation.' (ANI)
Get a daily dose of Calgary Monitor news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Calgary Monitor.
More InformationMONTREAL/CHICAGO: Air Canada's tentative labor deal with its flight attendants, reached after a crippling strike that grounded thousands...
(Photo credit: Dan Hamilton-Imagn Images) Field Level Media's Golf Glance provides weekly news and storylines from each of the major...
(Photo credit: Brett Davis-Imagn Images) U.S. Ryder Cup captain Keegan Bradley will not compete in the event next month, failing...
On the morning of November 19, 2024, US citizen Timur Kishukov was to fly back to his home near Chicago, where the truck driver had...
(250825) -- CHIANG MAI, Aug. 25, 2025 (Xinhua) -- Gloria Argentina Ung Enriquez (2nd R) of Mexico competes during the Preliminary Phase...
MONTREAL/CHICAGO: Air Canada's tentative labor deal with its flight attendants, reached after a crippling strike that grounded thousands...
(Photo credit: Nick Wosika-Imagn Images) Minnesota Twins returned right-hander Simeon Woods Richardson from his rehab assignment...
(Photo credit: Dan Hamilton-Imagn Images) The Toronto Blue Jays are facing some bullpen questions that will continue past the rubber...
Kabul [Afghanistan], August 27 (ANI): Afghanistan have roped in former Ireland all-rounder John Mooney as their new fielding coach,...
NEW DELHI, Aug. 27 (Xinhua) -- Some 87 years ago, a young Indian doctor, Dwarkanath Kotnis, left his family for China, a country struggling...
Share article Print article Since taking office, United States President Donald Trump has used tariffs to address perceived trade...
