Nov 14 (Reuters) – India’s central bank announced trade relief measures on Friday for businesses impacted by the recent hike in U.S. tariffs, including a moratorium on all term loans to be paid by exporters that are due between September 1 and December 31, 2025.
U.S. tariffs, including a 25% punitive levy over New Delhi’s purchases of Russian oil, have raised export duties to as high as 50%, impacting businesses across sectors such as garments, jewellery, leather goods and chemicals.
Sign up here.
During this moratorium period, interest would continue to accrue but will be
India’s cenbank announces relief measures for exporters hit by US tariff
