‘Made in India’ back in favour as US slashes tariffs.

Ludhiana: In a massive win for northern India’s industrial belt, the United States has rolled back its aggressive trade stance, slashing import tariffs on Indian goods from a staggering 50% to 18%. The announcement, made on Feb 2, following a high-level breakthrough between President Donald Trump and Prime Minister Narendra Modi, effectively ends a months-long trade standoff that had stalled orders and crippled margins for Ludhiana’s exporters. For months, local manufacturers were forced to absorb steep costs or offer heavy discounts just to remain visible in the American market. The previous 50% tariff — a combination of a 25% reciprocal…