US Tariff Threat Is Stealing Christmas Cheer for India Exporters

Donald Trump’s threat to impose 50% tariffs is stealing the Christmas cheer for many Indian exporters who ship everything from tree lights to angels and other decorative holiday items.

Facing US import duties of 25% that are expected to double later this month, these smaller firms are seeing delays in orders or even cancellations from American buyers, according to people familiar with the matter.

India has been a growing presence in the global market for Christmas decorations in recent years. But Trump’s tough trade policies are threatening the bilateral trade in these seasonal trinkets as exporters need to ship ...