$BANANAS31 #TrumpTariffOnBangladesh

When U.S. President Trump announced a sweeping 35% tariff on Bangladeshi garment imports, up from the initial plan of 37%, the global textile market shifted instantly.

In India, textile stocks surged dramatically: Alok Industries jumped over 15%, Gokaldas Exports and Vardhman Textiles rallied 7–8%, and peers like KPR Mill, Trident, Welspun, and Raymond saw gains of 2–5% in early trading sessions.

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Analysts from Moneycontrol and Financial Express explain that these tariffs effectively make Indian exports more competitive in the US as Bangladesh’s share in the ready-made garment market shrinks from 9%, brands now begin shifting their sourcing to India and Vietnam.

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While the overall Sensex and Nifty opened flat amid broader trade jitters, the textile sector stood out as one of the biggest gainers.

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Industry experts are calling this a “strategic window of opportunity”, mentioning that India’s current 10–26% tariff contrasts favorably against Bangladesh’s new 35%, positioning Indian exporters to capture a larger share of US imports.