Panipat/ Ambala: The impact of Trump’s tariffs on textile industries in Panipat is beginning to be seen. Over a hundred exports from Panipat have been adversely affected due to this hike, since orders of value worth over Rs 12,000 crore are expected to drop, especially when orders of value worth Rs 1,500 crore for the Christmas season are stuck. American customers are demanding discounts and exporters are now looking towards Europe, South America and other Asian countries. Information also reveals that Trump’s tariffs are also a blow not only to Panipat’s textile but also Ambala’s science industries having thousands of manufacturing units for scientific goods, microscopes and other instruments in the town.

The effect of Trump’s 50 percent tariff has started affecting Ambala’s science industry and Panipat’s textile industry from Tuesday. Panipat exports textile, handloom, blankets, rugs and other goods of value worth Rs 12 thousand crores to America every year and received orders this year too. Exports worth Rs 1,500 crores take place during the Christmas season every year as well as during this year too. The customers from America now demand concessions from entrepreneurs manufacturing textile goods in Textile City Panipat where the exporters are already facing tough competition. As such, about 30 percent of the orders are stuck. The entrepreneurs said that now a big loss is certain, we will have to look for a new market. On the other hand, science equipment worth about four million dollars is exported from Science City Ambala to many parts of America, due to hike in tariff Christmas orders worth about 1500 crores are likely to be cancelled this year.

Now the American buyers are reluctant to buy them. During this season, the maximum number of cushion covers, bathmats, towels, sofa covers, curtains and rugs go to America. Now the chances of getting orders from America are negligible. Americans can shift these orders to Bangladesh, Pakistan and Vietnam. Exporters from Panipat are now looking towards Europe and South America. China is now increasing its influence in Bangladesh. It is opening offices there because Bangladesh has only a 19 percent tariff. America has not imposed tariffs on Singapore either. Mafias will open their offices there and send goods to America. Along with tariffs, Chinese science equipment will be much cheaper. Ambala has around 40 exporters for scientific instruments. The increase in tariff will have a negative impact on small traders here dependent on domestic market sales Many exporters are trying to decide whether they will adjust to the old rates or accept the new increased prices.