US tariff cut to boost Indian carpet exports, benefit 2.5 million weavers: Council
Published on: Feb. 3, 2026, 9:44 p.m. | Source: The Economic Times
Indian carpets will now face lower US tariffs, dropping from 50 percent to 18 percent. This significant reduction offers substantial relief to the nation's carpet industry. The move is expected to directly benefit approximately 2.5 million weavers. The Carpet Export Promotion Council expressed gratitude for the efforts leading to this positive development.
