Export orders on hold, US buyers seek 15-20% discount – The Times of India
MUMBAI/NEW DELHI: Calculators are out. US buyers are seeking 15-20% discount for several products for which orders had been placed before Trump upset calculations by exploding the tariff bomb. While large retailers, with long-term contracts with vendors to cater to global operations haven’t altered their sourcing plans, Indian exporters are waking up to orders being…