17-September-2025
Economy News
 
Indian exports grew 6.7% in August despite Trump’s 50% tariff shock
16-Sep-2025

India saw exports rise for a second month in August as the tariffs imposed by US President Donald Trump took effect. The trade deficit also narrowed to $26.49 billion last month — from an eight-month high of $27.35 billion in July. Exports to the United States fell to $6.86 billion in August while overall goods exports dropped to a nine-month low of $35.10 billion. Trump had imposed a 25% reciprocal tariff against India in early August after stalled efforts to reach a trade deal. This was followed days later by an additional secondary sanction of 25% for continued purchase of Russian oil. The full extent of the Trump tariffs are likely to be felt from next month since the punitive tariffs kicked in from August 27.

News Source:- https://www.financialexpress.com/policy/economy-indian-exports-grew-6-7-in-august-despite-trumps-50-tariff-shock-3978750/