印度取消了棉花进口税,以帮助其艰难的纺织业和降低成本。 India removes cotton import duties to aid its struggling textile industry and lower costs.

印度政府从8月19日至9月30日取消了棉花进口税, 目的是在高成本和50%的美国出口关税下支持挣扎中的纺织业。 The Indian government has removed import duties on cotton from August 19 to September 30, aiming to support the struggling textile industry amid high costs and a 50% tariff on exports to the US. 预计这一举措将使棉花更便宜、更有竞争力,因为目前国内价格比全球价格高10-12%。 This move is expected to make cotton cheaper and more competitive, as domestic prices are currently 10-12% higher than global prices. 此项行动反映了为加强“印度制造”倡议和实现到2030年达到1 000亿美元的纺织品出口目标而做出的努力。 The action reflects efforts to bolster the "Make in India" initiative and reach a textile export goal of $100 billion by 2030.