New Delhi, Dec. 1 -- India's exports to the United States fell sharply between May and October 2025, declining 28.5 per cent from USD 8.83 billion to USD 6.31 billion, according to a report released Saturday by the Global Trade Research Initiative (GTRI).
The think-tank attributed the contraction to a rapid escalation in US tariffs, which began at 10 per cent on April 2, rose to 25 per cent on August 7, and reached 50 per cent by late August.
GTRI noted that the tariff surge effectively made Indian goods among the most heavily taxed in the US market. By comparison, China faced duties of around 30 per cent and Japan 15 per cent, reported ANI.
Against this backdrop, GTRI urged the government to accelerate the rollout of the Export Promot...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.