Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action
India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25% […]
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