New Delhi, Sept. 18 -- India's merchandise exports to the United States registered a steep decline in August as higher tariffs imposed by the Donald Trump administration eroded the price competitiveness of Indian goods, according to the Global Trade Research Initiative (GTRI).

Exports to the US fell to USD 6.7 billion in August, down 16.3 percent from July - the sharpest monthly fall of 2025. This followed a 3.6 percent dip in July and a 5.7 percent fall in June. The last month of growth was May, when shipments rose 4.8 percent to USD 8.8 billion.

"The slide in exports closely tracks the rapid escalation of tariffs," Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said, according to PTI.

Until April 4, Indian goods were...