New Delhi, April 7 -- India could see a decline of USD 5.76 billion or 6.41 per cent in exports to the United States (US) because of the tariffs, in 2025, said a research report by the Global Trade Research Initiative (GTRI).

The GTRI report is based on the evaluation of sector-specific exposure, changes in tariff rates, and competitive dynamics involving key players like China, Mexico, and Canada.

The research also highlights sectors where India may gain or lose ground, offering a nuanced picture of the challenges and opportunities emerging from the new U.S. tariff regime.

The tariffs are likely to give a mild blow to India's merchandise exports to the US. In 2024, India exported USD 89.81 billion worth of goods to the U.S, but this c...