Moradabad Brass Traders Rejoice as US Slashes Tariffs, Boosting Exports and Employment

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News18•04-02-2026, 17:48
Moradabad Brass Traders Rejoice as US Slashes Tariffs, Boosting Exports and Employment
- •The US has reduced tariffs on Indian brass products from 25% to 18%, bringing relief to Moradabad's brass industry.
- •The announcement was made by Donald Trump on Truth Social after a phone call with PM Modi, signaling a new trade deal.
- •Moradabad's brass traders and artisans are highly optimistic, expecting increased exports to the American market and better profits.
- •Traders like Sahneem and Madhav Agarwal believe the tariff reduction will boost trade, create employment, and strengthen the economy.
- •Artisans, including Wasim Hussain, anticipate a significant rise in employment opportunities that were previously stagnant due to high tariffs.
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