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Chinese firms asking Indian exporters to help fill US orders: FIEO
short by Mansi Agarwal / on Monday 28 April, 2025
The Federation of Indian Export Organisations' (FIEO) Director General Ajay Sahai said Chinese companies have approached Indian firms to fulfil US orders on their behalf. Most Chinese exports to the US face 145% tariffs, while Indian exports are currently charged a 10% tax. Most of the queries came from sectors like hand tools, electronics and home appliances, Sahai stated.
read more at Moneycontrol