Tariff Windfall Tests Limits of India’s Apparel Factories

In a garment hub in south India, R.Okay. Sivasubramaniam is fielding requests from Walmart and Costco who need to sidestep larger US tariffs confronted by rival Asian suppliers, Bangladesh and China. However rows of idle stitching traces at his manufacturing unit lay naked his largest problem.“Even when orders come, we...

Pressure over the Mexican peso keeps mounting after President Trump’s tariff announcement – London Business News | Londonlovesbusiness.com

The Mexican peso continues to face a difficult situation, marked by a mix of inside and exterior components placing stress on the forex’s worth. President-elect Donald Trump’s promise to impose a 25% tariff on all imports from Mexico emerges as a important threat for an financial system closely depending on exports to its northern neighbor. This announcement has beforehand impacted...