The papier-mache producer concerns financial losses from goods that have already been produced and have already been paid for.
We anticipate that Indian government and business organizations will discuss a lower tariff on artisan products with US regulators. If that’s not probable, we would like the government to provide financial assistance to help us with our loss, Ali said.
On a more encouraging statement, the White House has put a 90-day suspension on the taxes in most nations, with the exception of China, despite a “baseline” 10 % duty rate still in effect.
This has provided some temporary relief to native traders, allowing them to adapt and discover new intra-regional trade routes.
Wajahat Qazi, the founder and director of Zaevyul, believes there is a bright side and an option.
It may result in more volume and more numerous intra-regional trade, so it shouldn’t always be all doom and gloom, Qazi said.