US Tariffs Trigger Sharp Decline in India Exports as Trade Talks Intensify
India’s exports to the United States have plummeted 37.5% over four consecutive months as new tariffs take effect. The decline has contributed to India’s trade deficit widening to a 13-month high of $32.15 billion, according to recent reports.
Significant Export Decline Following Tariff Implementation
India’s exports to the United States have experienced a dramatic 37.5% decline, dropping from $8.8 billion in May to $5.5 billion in September, according to reports from trade analysts. This marks the fourth consecutive month of declining shipments as new tariff measures imposed by the Trump administration continue to impact bilateral trade relations between the two nations.