CITI expresses concern over potential additional tariffs by the U.S.

The Confederation of Indian Textile Industry (CITI) has expressed concern over the potential impact on India’s textile and apparel exports because of the likely additional tariffs planned by the US following the signing of the ‘Lindsey O. Graham Sanctioning Russia and Iran Act of 2026’ by U.S. President Donald Trump.

Ashwin Chandran, chairman of CITI, said in a press release that the U.S. is the single-largest market for India’s textile and apparel exports. “Any additional tariffs under this Act will be very difficult to absorb for the MSME-dominated Indian textile and apparel sector that is already under stress due to several factors, including the continuing turmoil in West Asia. It will severely impact our ability to sell in the U.S., our most significant market,” he said.