02-July-2026
Economy News
 
Exporters see higher US enquiries but low order conversions
02-Jul-2026

Ahead of the July 24 expiry of 10% tariffs imposed by the United States, exporters of chemicals, textiles, carpets and leather goods said they are getting more enquiries from their American clients than in the past few months but these are yet to translate into orders. Uncertainty over Section 301 tariffs and unpredictability of US policies are deterring large orders, they said. The US was India's second-largest trading partner in 2025-26, with goods exports increasing 0.92% year-on-year to $87.3 billion.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-see-higher-us-enquiries-but-low-order-conversions/articleshow/132123879.cms