New Delhi, Oct. 16 -- India's exports to the United States have declined sharply by 37.5 percent over the past four months following the US decision to impose 50 percent tariffs on most Indian goods, according to a report by the Global Trade Research Initiative (GTRI).

The report showed that shipments to the US fell from USD 8.8 billion in May 2025 to USD 5.5 billion in September 2025, marking the steepest and most prolonged fall of the year, reported ANI.

September was the first full month under the higher tariff regime, during which exports plunged 20.3 percent from USD 6.87 billion in August.

The downturn began after May - the last month of growth, when exports rose 4.8 percent to USD 8.8 billion.

Since then, monthly declines were ...