US Tariffs Drive 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. Trade negotiations between the two countries have resumed with the goal of concluding an agreement by next month amid ongoing disputes over agriculture and dairy access.
Significant Export Decline Following Tariff Implementation
India’s exports to the United States have reportedly plunged 37.5% over four consecutive months, dropping from $8.8 billion in May to $5.5 billion in September, according to recent trade analysis. The decline comes as new tariff measures implemented by the Trump administration continue to weigh heavily on bilateral trade relations between the two nations.