CM Stalin urges Centre Govt to act as TN exports face tariff shock

Tamil Nadu has raised fresh concerns over the steep 50 per cent tariff imposed by the US on imports, warning that the state could lose as much as $3.93 billion (Rs 34,642 crore) in 2025-26.

Guidance Tamil Nadu, the state’s investment promotion agency, has estimated that the textile sector alone



may face losses worth $1.62 billion (Rs 14,280 crore), making it the worst-hit industry.

In a statement released by the CMO, Chief Minister M K Stalin cited the alarming projections and renewed his appeal to the Union government to step in and protect export-driven industries, particularly textiles.