Tamil Nadu Warns of 30 Lakh Job Risk as US Tariff Hikes Hit Textile Exports

Tamil Nadu’s Finance Minister Thangam Thennarasu has warned that nearly 30 lakh jobs could be at risk if US tariff hikes on Indian goods continue. With 31% of the state’s exports headed to the US, sectors like textiles have been hit hard as buyers shift to cheaper markets. He also flagged revenue losses from GST changes and delayed central fund disbursals.