#TrumpTariffs 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.
