'50% is not tariff, it's an embargo'

Gokaldas Exports anticipates significant business losses due to the potential 50% US tariff on Indian goods, deeming it an 'embargo.' Managing Director Siva Ganapathi outlines strategies like shifting focus to European markets and reducing capacity to combat the disadvantage.

Aug 11, 2025 - 06:30
 0
'50% is not tariff, it's an embargo'
Gokaldas Exports anticipates significant business losses due to the potential 50% US tariff on Indian goods, deeming it an 'embargo.' Managing Director Siva Ganapathi outlines strategies like shifting focus to European markets and reducing capacity to combat the disadvantage.

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