Tamil Nadu CM Urges Central Action on US Tariffs
Tamil Nadu Chief Minister M K Stalin has called on the Indian government to implement new policies following a 50% US tariff. Highlighting the vulnerability of Tamil Nadu exports, Stalin has demanded financial relief and government intervention to support sectors like textiles hard-hit by the tariffs.
- Country:
- India
Tamil Nadu's Chief Minister, M K Stalin, has urged the Indian government to develop new policies in response to steep US tariffs that pose a threat to the nation's export-driven sectors, particularly textiles.
With 31% of Tamil Nadu's exports aimed at the US, the state faces heightened vulnerability. Stalin highlights this urgency in a recent statement, emphasizing the need for swift government action to provide relief to affected industries.
The CM cited his earlier communication with Prime Minister Narendra Modi, advocating for a financial relief package and emphasizing the necessity of measures like GST correction, credit support, and new FTAs to mitigate the crisis.
(With inputs from agencies.)
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